Federal Trade Commission (Noun)
Meaning
An independent agency of the United States federal government that maintains fair and free competition; enforces federal antitrust laws; educates the public about identity theft.
Classification
Nouns denoting groupings of people or objects.
Examples
- The Federal Trade Commission was established to protect American consumers from unfair and deceptive practices in the marketplace.
- As part of its efforts to promote fair competition, the Federal Trade Commission ordered the company to divest itself of several subsidiaries.
- The consumer first reported the identity theft to the local authorities and then filed a complaint with the Federal Trade Commission.
- The Federal Trade Commission launched an investigation into allegations that a major tech company was engaging in anticompetitive practices.
- Lawmakers praised the Federal Trade Commission for its efforts to crack down on scam artists who prey on vulnerable consumers.