Fair Trading Commission (FTC) (various jurisdictions)

The Fair Trading Commission (FTC) is a government agency responsible for promoting fair competition and protecting consumers within a specific jurisdiction. It enforces laws that prevent unfair business practices, such as false advertising, monopolistic behavior, and anti-competitive mergers. By ensuring markets operate efficiently and ethically, the FTC helps maintain consumer rights and ensures businesses compete fairly, which can lead to better prices, quality, and choices for consumers. Different countries or regions may have their own FTC or similar agencies with varying jurisdiction and specific roles, but their core purpose remains to safeguard fair trade practices.