What is the Federal Trade Commission Act (FTCA)?

The Federal Trade Commission Act (FTCA) is a United States federal law that was created to protect consumers from unfair and deceptive business practices. The FTCA was signed into law in 1914 and is enforced by the Federal Trade Commission (FTC). It is one of the earliest pieces of federal legislation that regulates business practices. Under the FTCA, businesses must not engage in any unfair or deceptive practices, such as false advertising or price discrimination. The FTCA also prohibits businesses from forming cartels or trusts to limit competition in the marketplace. In Massachusetts, the FTCA is used to prevent unfair competition. For example, businesses must not engage in predatory pricing practices, such as setting prices that are too low in order to drive competitors out of the market. In addition, businesses in Massachusetts must not collude with each other to restrict competition. In summary, the Federal Trade Commission Act (FTCA) is a U.S. federal law that prohibits businesses from engaging in unfair and deceptive practices. It applies to businesses operating in Massachusetts, where it is used to protect consumers from anti-competitive behavior.

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What is the Federal Trade Commission Act (FTCA)?

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