What is the role of the Federal Trade Commission (FTC) in antitrust enforcement?
The Federal Trade Commission (FTC) is the national government agency responsible for enforcing antitrust laws in the United States. In Oklahoma, the FTC works alongside the Attorney General and the Oklahoma Antitrust Commission to investigate and enforce antitrust laws. The FTC has the authority to investigate and prevent anti-competitive practices. These practices might include mergers or acquisitions, agreements among competitors, or pricing practices that may harm consumers. In these cases, the FTC may bring administrative complaints, file court actions, or seek injunctive relief. The FTC also has authority to review proposed mergers and acquisitions to determine if they will substantially reduce competition. It can also investigate and take action against companies that engage in unfair methods of competition or deceptive practices. Finally, the FTC works to educate the public about the importance of antitrust laws and how these laws protect consumers from unfair business practices that can harm competition. The FTC also works with other federal and state agencies to ensure that antitrust laws are properly enforced in Oklahoma.
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