Federal Trade Commission: Difference between revisions
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The agency's scope has evolved since its founding - initially focused on addressing monopolistic trusts, it received consumer protection authority in 1938 and industry-wide rulemaking powers in 1975. The FTC enforces consumer protection statutes, including telemarketing regulations and credit opportunity laws. Under Chair Lina Khan's leadership since 2021, the agency continues its mandate of market competition oversight and consumer protection through enforcement actions, research, and educational initiatives. The FTC's role in shaping market dynamics involves balancing consumer protection with business practices, while its effectiveness is evaluated through economic and legal analysis.<ref>[https://www.ftc.gov/about-ftc/mission "Mission"] - ftc.gov</ref> | The agency's scope has evolved since its founding - initially focused on addressing monopolistic trusts, it received consumer protection authority in 1938 and industry-wide rulemaking powers in 1975. The FTC enforces consumer protection statutes, including telemarketing regulations and credit opportunity laws. Under Chair Lina Khan's leadership since 2021, the agency continues its mandate of market competition oversight and consumer protection through enforcement actions, research, and educational initiatives. The FTC's role in shaping market dynamics involves balancing consumer protection with business practices, while its effectiveness is evaluated through economic and legal analysis.<ref>[https://www.ftc.gov/about-ftc/mission "Mission"] - ftc.gov</ref> | ||
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