The Federal Trade Commission Act is a United States federal law enacted in 1914 that created the Federal Trade Commission and prohibited unfair methods of competition and unfair or deceptive acts or practices in commerce. The Act gave the newly created Commission investigative and enforcement powers to police business conduct that harms competition or consumers, and its prohibition on unfair or deceptive practices has since become one of the primary legal bases for federal consumer protection enforcement, including much of the Commission's modern privacy and data security work. The Act has been amended several times since its passage to expand the Commission's authority.
Facts
EraSourced to the subject's own account Promulgated BySourced to the subject's own accountUnited States Congress; signed by President Woodrow Wilson. 1 Jurisdiction ScopeSourced to the subject's own accountUnited States federal law, nationwide. 1 Regulatory DomainSourced to the subject's own accountUnfair methods of competition and unfair or deceptive acts or practices affecting commerce; established the Federal Trade Commission. 1 Cross-Tradition Connections
Associated With
The Federal Trade Commission Act of 1914 was enacted alongside the Clayton Act to strengthen enforcement of the Sherman Antitrust Act.
In Legal System
United States federal statute, within the common law tradition.
Sources
1. Federal Trade Commission Act of 1914 (Wikipedia)
WikipediaLead paragraph (era)Quote, Lead paragraph (era)
The Federal Trade Commission Act of 1914 is a United States federal law which established the Federal Trade Commission. The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts or practices that affect commerce.
1. Federal Trade Commission Act of 1914 (Wikipedia)
WikipediaLead paragraph (promulgated-by)Quote, Lead paragraph (promulgated-by)
The Federal Trade Commission Act of 1914 is a United States federal law which established the Federal Trade Commission. The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts or practices that affect commerce.
1. Federal Trade Commission Act of 1914 (Wikipedia)
WikipediaLead paragraph (jurisdiction-scope)Quote, Lead paragraph (jurisdiction-scope)
The Federal Trade Commission Act of 1914 is a United States federal law which established the Federal Trade Commission. The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts or practices that affect commerce.
1. Federal Trade Commission Act of 1914 (Wikipedia)
WikipediaLead paragraph (regulatory-domain)Quote, Lead paragraph (regulatory-domain)
The Federal Trade Commission Act of 1914 is a United States federal law which established the Federal Trade Commission. The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts or practices that affect commerce.
Major Legal Systems in the World Today
Rene David and John E.C. Brierley, Stevens and Sons, 1985In Legal System: Law of the United States
Sherman Antitrust Act (Wikipedia)
WikipediaAssociated With: Sherman Antitrust Act
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