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instanceOf
|
competition regulator
→
consumer protection agency
→
independent federal agency
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appliesToJurisdiction
|
United States
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appointedBy
|
President of the United States
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canFile
|
administrative complaints
→
federal court actions
→
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canImpose
|
civil penalties
→
equitable monetary relief
→
injunctive relief
→
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commissionerTermLength
|
7 years
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confirmedBy
|
United States Senate
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continent
|
North America
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cooperatesWith
|
Consumer Financial Protection Bureau
→
Department of Justice Antitrust Division
→
foreign competition authorities
→
state attorneys general
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country
|
United States
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|
creator
|
Federal Trade Commission Act
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|
employs
|
consumer education specialists
→
economists
→
investigators
→
lawyers
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foundedBy
|
United States Congress
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governingBody
|
Federal Trade Commission Commissioners
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hasAuthority
|
to challenge anticompetitive business practices
→
to challenge anticompetitive mergers
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to conduct investigations
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to issue trade regulation rules
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to require reports and answers to specific questions
→
|
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hasMotto
|
Protecting America’s Consumers
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|
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hasPart
|
Bureau of Competition
→
Bureau of Consumer Protection
→
Bureau of Economics
→
Office of General Counsel
→
Office of International Affairs
→
Office of Policy Planning
→
Office of the Chair
→
regional offices
→
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|
headquartersLocation
|
Washington, D.C.
→
|
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inception
|
1914
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|
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industryFocus
|
broad range of consumer markets
→
energy markets
→
financial services
→
health care markets
→
retail and e-commerce
→
technology and digital markets
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jurisdiction
|
United States federal government
→
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legalBasis
|
CAN-SPAM Act
→
Children’s Online Privacy Protection Act
→
Clayton Antitrust Act
→
Do Not Call Implementation Act
→
Dodd–Frank Wall Street Reform and Consumer Protection Act
→
Fair Credit Reporting Act
→
Federal Trade Commission Act of 1914
→
Gramm–Leach–Bliley Act
→
Restore Online Shoppers’ Confidence Act
→
Sherman Antitrust Act
→
Telemarketing and Consumer Fraud and Abuse Prevention Act
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|
locatedInTheAdministrativeTerritorialEntity
|
District of Columbia
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|
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missionStatement
|
to protect consumers and promote competition
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|
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numberOfEmployees
|
over 1,000
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|
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numberOfMembers
|
5 commissioners (by statute)
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|
|
operatesProgram
|
Consumer Sentinel Network
→
National Do Not Call Registry
→
|
|
operatesWebsite
|
ftc.gov
→
|
|
oversightBy
|
House Committee on Energy and Commerce
→
Senate Committee on Commerce, Science, and Transportation
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partOf
|
United States federal government
→
|
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politicalIndependenceRule
|
no more than three commissioners from the same political party
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|
publishes
|
business guidance documents
→
consumer education materials
→
|
|
purpose
|
antitrust enforcement
→
consumer protection
→
prevention of unfair methods of competition
→
prevention of unfair or deceptive acts or practices
→
promotion of fair competition
→
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|
regulates
|
certain franchising and business opportunity practices
→
mergers and acquisitions with potential anticompetitive effects
→
privacy and data security practices of many businesses
→
telemarketing practices
→
unfair or deceptive advertising practices
→
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shortName
|
FTC
→
|
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subordinateTo
|
United States Congress (oversight)
→
|