ftc

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Definition

Proper noun: - Federal Trade Commission: An independent agency of the United States federal government. Its primary missions are to maintain fair and free competition in the marketplace, enforce federal antitrust and consumer protection laws, and educate the public about issues like identity theft.

Usage Examples
  • Proper noun:
    • The FTC filed a lawsuit against the company for deceptive advertising.
    • Consumers can report scams directly to the FTC on its website.
    • The FTC's guidelines help ensure fair competition between businesses.
Advanced Usage
  • "to be under FTC investigation": to be formally examined by the Federal Trade Commission for potential legal violations.
    • The merger is under FTC investigation for potential antitrust concerns.
  • "FTC regulations": the rules and guidelines established and enforced by the Federal Trade Commission.
    • The new product launch must comply with all relevant FTC regulations.
Variants and Related Words
  • The Commission: A common shorthand way to refer to the FTC in formal or legal contexts.
    • The Commission voted to approve the new rule.
  • FTC Act: Refers to the foundational statute, the Federal Trade Commission Act of 1914, which established the agency.
    • The company's practices were found to be in violation of Section 5 of the FTC Act.
Synonyms
  • Regulator: A general term for a government agency that oversees and enforces rules in a specific sector.
  • Antitrust authority: An agency responsible for preventing anti-competitive practices (a key function of the FTC).
Related Phrases
  • "FTC complaint": A formal grievance filed with the Federal Trade Commission by a consumer or business.
    • She submitted an FTC complaint after becoming a victim of a phishing scheme.
  • "FTC settlement": An agreement to resolve a legal action brought by the FTC, often involving a fine or changed business practices.
    • The company reached a multimillion-dollar FTC settlement.
Related Idioms
Noun
  1. an independent agency of the United States federal government that maintains fair and free competition; enforces federal antitrust laws; educates the public about identity theft

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