Federal Trade Commission

By Minh Tong Updated Jan 05, 2023
Federal Trade Commission

The Federal Trade Commission (FTC) is a US government agency that works to protect consumers and promote competition in the marketplace. The FTC was established by Congress in 1914, and it has been responsible for enforcing various laws aimed at preventing unfair or deceptive practices. Some of the issues the FTC focuses on are privacy, product safety, data security, environmental protection, and anti-trust concerns. Additionally, the FTC also enforces federal antitrust laws that prohibit businesses from engaging in anticompetitive activities such as price fixing and using industry wide boycotts. Overall, the purpose of the FTC is to ensure that American markets operate fairly and efficiently so that consumers can benefit from free and open competition.

What does the Federal Trade Commission Regulate?

The Federal Trade Commission regulates a wide range of economic activities in order to protect consumers and promote competition. Some of the areas that the FTC focuses on include privacy, product safety, data security, environmental protection, and anti-trust concerns. Additionally, the FTC also enforces federal antitrust laws that prohibit businesses from engaging in anticompetitive activities such as price fixing and using industry wide boycotts.


minhtong

Minh Tong

Minh leverages decades of experience in marketing, sales management and technology to provide high-level advice and lead new initiatives. Minh has a Bachelor of Science in Business/Managerial Economics from University of California, Irvine School of Mortgage. He brings over 8 years of sales and executive management experience to Americor, growing and scaling the company to the top 5 debt recovery companies in the nation. Minh's responsibilities include customer service improvement; professional development, and carrying out communications and marketing. A Southern California native, he is a lover of dogs, hiking, and beaches.