Asked by Frank sweet II on May 29, 2024
Verified
If most companies within one industry are using the same unfair or deceptive practices, how can the Federal Trade Commission protect consumers?
Unfair Practices
Acts or behaviors considered to be unjust, deceptive, or harmful to consumers or business competition.
Federal Trade Commission
The Federal Trade Commission (FTC) is a U.S. federal agency tasked with consumer protection and the prevention of anti-competitive business practices.
Consumer Protection
refers to laws and regulations designed to ensure the rights of consumers as well as fair trade, competition, and accurate information in the marketplace.
- Identify the duties and obligations of the Federal Trade Commission (FTC) in implementing laws that protect consumers.
Verified Answer
Learning Objectives
- Identify the duties and obligations of the Federal Trade Commission (FTC) in implementing laws that protect consumers.
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