Oig (Noun)
Meaning
The investigative arm of the Federal Trade Commission.
Classification
Nouns denoting groupings of people or objects.
Examples
- The Office of Inspector General (OIG) conducted an investigation into allegations of deceptive business practices by several major corporations.
- The Federal Trade Commission's OIG monitors complaints of false advertising and deceptive sales tactics by companies across various industries.
- According to the OIG's report, several high-profile companies had engaged in unfair trade practices that resulted in financial losses for consumers.
- The OIG's recommendation for stricter regulations on data collection practices was adopted by the Federal Trade Commission.
- Concerns from consumer advocacy groups prompted the OIG to investigate possible price-fixing among pharmaceutical companies.