How does the Federal Trade Commission (FTC) regulate unfair competition?

The Federal Trade Commission (FTC) is responsible for protecting consumers and regulating unfair competition across the United States, including in North Carolina. The FTC works to prevent businesses from engaging in deceptive or unfair practices that harm consumers and other businesses. The FTC has established unfair competition laws which prohibit businesses from engaging in false or deceptive advertising, price-fixing, and other anti-competitive practices. The FTC enforces these rules by launching investigations into businesses accused of unfair competition. The Commission is also authorized to bring civil lawsuits against companies that violate the law. In addition, the FTC can issue warnings to businesses that are found to be engaging in unlawful behavior and require them to stop the illegal conduct or face hefty penalties. The FTC also works to educate the public about the dangers of unfair competition. It issues guidance to businesses about how to comply with the law and operates a website that provides consumers with information on how to protect themselves against unfair practices. The Commission also partners with other government agencies and non-profits to raise awareness of the problem and help businesses stay in compliance with the law.

Related FAQs

What is the scope of the patent misuse doctrine?
What is the Robinson–Patman Act?
How does the Lanham Act protect against trademark infringement?
Are there any special rules for unfair competition in the healthcare industry?
What is the scope of the Lanham Act’s false designation of origin claim?
Are there any special rules for unfair competition related to the internet?
Are there any defenses to an Anti-Cybersquatting Consumer Protection Act claim?
Are there any special rules for protecting trade secrets?
What are the elements of a tortious interference with contractual relations claim?
Are there any defenses to an Anticybersquatting Consumer Protection Act claim?

How does the Federal Trade Commission (FTC) regulate unfair competition?

Related FAQs

Related Blog Posts