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Federal Trade Commission Act

THE FEDERAL Trade Commission Act of 1914 (FTCA) was passed to create the Federal Trade Commission (FTC), and to give the U.S. government a full salvo of ammunition to use against anticompetitive market behavior, as well as other forms of unlawful behaviors in the marketplace. Specifically, the FTCA provided for regulatory enforcement against individuals, corporations, and organizations that violated the Sherman Antitrust act of 1890, and the Clayton Antitrust Act of 1914.

In addition, the FTCA barred the use of deceptive or false advertising by individual, corporations, and organizations. Deceptive advertising occurs when an individual, corporation, or organization knowingly advertises a product or service, which does not exist, or is not what is truly advertised. One type of deceptive advertising is known as bait- and-switch advertising. ...

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