Fair Trade Commission Act

The Fair Trade Commission Act is a law designed to promote fair competition and prevent unfair business practices. It grants the Fair Trade Commission the authority to investigate companies for unfair dominance, monopolistic behavior, or deceptive practices. The goal is to ensure a healthy marketplace where businesses compete ethically, prices are fair, and consumers have choices. This law helps prevent actions like price-fixing, abuse of market power, or deceptive advertising, thereby maintaining a balanced and transparent economic environment.