Real Estate Glossary

What is Federal Trade Commission?

The Federal Trade Commission (FTC) is an independent agency of the United States government that was created in 1914 to protect consumers from unfair or deceptive business practices. The FTC is responsible for enforcing laws that prohibit false advertising, fraud, and other forms of deception. The FTC also works to promote competition in the marketplace, which helps to keep prices low and improve the quality of products and services. The commission investigates complaints from consumers and businesses, and can take legal action against companies that violate the law. The FTC also provide guidance and resources to consumers and businesses, to help them to make informed decisions.