What is the main function of the Federal Trade Commission FTC )?

What is the main function of the Federal Trade Commission FTC )?

The FTC protects consumers by stopping unfair, deceptive or fraudulent practices in the marketplace. We conduct investigations, sue companies and people that violate the law, develop rules to ensure a vibrant marketplace, and educate consumers and businesses about their rights and responsibilities.

Who is on the FTC?

About the FTC

  • Rebecca Kelly Slaughter.
  • Noah Joshua Phillips.
  • Rohit Chopra.
  • Christine S. Wilson.

Who is the current leader of the FTC?

The FTC was established in 1914 with the passage of the Federal Trade Commission Act….Commissioners.

Member Christine Wilson
Political party Republican
Sworn in September 26, 2018
Term expiration* September 26, 2025

Is the FTC effective?

Despite criticism of its regulatory inadequacy, the FTC has successfully brought legal actions against many businesses addressing a wide range of data privacy issues including peer-to-peer file sharing, social media networking, spam, spyware, behavioral advertising and failure to adhere to privacy commitments.

How do I avoid FTC enforcement action?

Here are the highlights:

  1. Don’t collect information that you don’t need and don’t keep information longer than necessary.
  2. Restrict access to your network and the information stored on it.
  3. Use strong authentication procedures to limit access to data.
  4. Securely store and transmit personal information.

What does FTC complaint mean?

Federal Trade Commission

How does the FTC define deception?

Section 5 of the FTC Act prohibits “unfair or deceptive acts or practices in or affecting commerce.” As the Commission set forth in its 1983 Policy Statement on Deception, a representation, omission, or practice is deceptive if it is likely to mislead consumers acting reasonably under the circumstances and is material …

When was Section 5 of the FTC Act passed?

26, 1994]. The amendments made by section 6 of this Act [amending this section] shall apply only with respect to cease and desist orders issued under section 5 of the Federal Trade Commission Act (15 U.S.C. 45) after the date of enactment of this Act [Aug. 26, 1994].