FTC Law

FTC Powerful federal agency of America that gives protection to the consumers. The agency is established by Woodrow Wilson. FTC (Federal Trade Commission) makes sure that not any business can harm the rights of consumers, for instance, most of the brands claim high quality, and if these claims are wrong then any consumer can take the help from FTC by just submitting a claim. 

FTC is the high-profile agency of America because of the FTC laws and its professionally qualified team. Moreover, the FTC is the top-rated agency in the list of organization for the best workplace which is why the agency receives thousands of CVs every year because everyone wants to be a part of the powerful agency that protect the rights of the consumer and give huge incentives to the employees. 

The FTC laws are so dynamic and powerful in nature that’s why FTC has a right to do investigations on various methods and any business that violet the laws of FTC. The most active FTC Laws and ACR are for the internet business because the internet is a free platform and most consumers of the internet have privacy concerns. Moreover, the FTC Laws are revised and change from time to time according to the nature of the market that is most beneficial for the consumers and they can file any complaint against any business practice that harms the consumers. 

∙         Most significant FTC laws:

∙         Telemarketing Sales Rule

∙         Equal Credit Opportunity

∙         Pay-Per-Call Rule

∙         Unfair and deceptive acts and practices 

In which ways can FTC law protect the consumers?

The FTC laws are protecting from all ways and can-do investigations on the matters that are complained about by any consumer but even without complain the FTC laws protect the consumer. For instant promoting competition. Through promoting competition among businesses, the FTC laws are observed that businesses should stay away from the anticipative mergers because competition is enforcing the business to provide standard quality products with a low rate to beat its competitor that ultimately benefits the consumers. 

In FTC laws the agency does not disclose the case during investigations so, if the business is not guilty or by providing evidence can satisfy the FTC investigation team that will not affect the name of any business or company. While if the investigations prove all the charges are right then FTC can sue that company and mostly high penalties and the assets freezing lock the company forever.