Mission Statement Of The Federal Trade Commission (FTC)

Assignment 2 The mission statement of the Federal Trade Commission (FTC) is “To prevent business practices that are anticompetitive or deceptive or unfair to consumers; to enhance informed consumer choice and public understanding of the competitive process; and to accomplish this without unduly burdening legitimate business activity” (About the FTC, n.d). The primary areas that FTC is responsible is making sure that the consumer is protected from unfair business practices to prevention of getting scammed. The other are that it focuses on is maintaining competition between companies. In other words, preventing monopolies to occur where one business dominates a certain product. By looking at pervious press releases, one major issues of concern