Federal Trade Commission

American  

[fed-er-uhl treyd kuh-mish-uhn] / ˈfɛd ər əl ˈtreɪd kəˌmɪʃ ən /

noun

1. U.S. Government. an independent regulatory and quasi-judicial body of five members established to protect consumers and businesses by preventing unfair trade practices, as false or misleading advertising, price fixing, etc. FTC

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Federal Trade Commission Cultural  

1. A federal agency charged with enforcing antitrust legislation and preventing false advertising, among other duties.

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Example Sentences

Cigna’s Express Scripts, one of the biggest pharmacy-benefit managers, will be changing External link its business practices as part of a settlement with the Federal Trade Commission.

From Barron's

The Federal Trade Commission scuttled a Blockbuster acquisition External link of Hollywood Video in 2005 as a merger to monopoly; Blockbuster, the supposed rental behemoth, declared bankruptcy a few years later.

From Barron's

A 2016 consumer alert from the Federal Trade Commission, which appears to be the latest on the topic, warned people against this option, saying that the deals can be risky or “even flat-out scams.”

From MarketWatch

The Federal Trade Commission Act defines “cause” as “inefficiency, neglect of duty, or malfeasance in office.”

From The Wall Street Journal

The Federal Trade Commission finalized an order with General Motors GM -2.46%decrease; red down pointing triangle and OnStar to settle allegations that the companies collected and sold consumers’ data without adequate notification.

From The Wall Street Journal