- FTC
- abbr. US Federal Trade Commission.
* * *
nounan independent agency of the United States federal government that maintains fair and free competition; enforces federal antitrust laws; educates the public about identity theft• Syn: ↑Federal Trade Commission• Hypernyms: ↑independent agency• Part Meronyms: ↑Office of Inspector General, ↑OIG* * *
U.S. Govt.Federal Trade Commission: a board, consisting of five members, charged with investigating and enjoining illegal practices in interstate trade, as price-fixing or fraudulent advertising.* * *
ft.-c.,foot-candle.FTC (no periods),Federal Trade Commission (a commission of five members appointed by the President to investigate and enforce laws against unfair business practices and violations of Federal laws regulating trade).* * *
abbr. Federal Trade Commission* * *
abbrFederal Trade CommissionThe company is being investigated by the FTC.
◇ The Federal Trade Commission is a part of the U.S. federal government that is responsible for preventing unfair or deceptive business practices.* * *
the Federal Trade Commission (the US government organization that is responsible for making sure that there is fair competition in business)Culture:The FTC was created in 1914. It uses ↑antitrust legislation to prevent monopolies (= companies which are so large that no others can compete with them). It investigates unfair business practices and has the legal power to stop them and to take companies to a court of law. The FTC also controls labels on products and tries to stop false advertisements. Compare ↑Office of Fair Trading.
Useful english dictionary. 2012.