FTC

The FTC, or Federal Trade Commission, is a U.S. government agency that protects consumers and promotes competition. Established in 1914, it works to prevent unfair, deceptive, or fraudulent business practices. The FTC enforces laws that encourage fair competition, helps consumers make informed decisions, and addresses issues like identity theft and privacy violations. It also reviews mergers and acquisitions to ensure they don’t harm market competition. Essentially, the FTC acts as a watchdog, aiming to create a fair marketplace for both consumers and businesses.