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LSDefine

Simple English definitions for legal terms

FTC

Read a random definition: amicus brief

A quick definition of FTC:

The FTC is a group of people who work for the government to make sure that companies and people are being fair and honest when they sell things. They also make sure that companies don't become too powerful and take over other companies. The FTC has different parts that help them do their job, like making rules and punishing people who break the rules. They also teach people about their rights when they buy things.

A more thorough explanation:

The Federal Trade Commission (FTC) is a government agency that was created in 1914 to enforce laws that protect consumers and promote competition in the marketplace. The FTC is made up of five Commissioners who are appointed by the President and confirmed by the Senate. Each Commissioner serves a seven-year term and no more than three Commissioners can belong to the same political party.

The FTC investigates and takes action against individuals or companies that engage in unfair, deceptive, or fraudulent practices that harm consumers. For example, the FTC may fine a company for violating a consumer's privacy or misleading them about a product's effectiveness. The FTC also educates consumers and businesses about their rights and responsibilities under the law.

The FTC enforces antitrust laws that prevent individuals or companies from using unfair methods of competition or engaging in practices that harm competition in the marketplace. For example, the FTC may challenge a merger between two companies that would create a monopoly and harm consumers by reducing competition.

The FTC works to ensure that consumers have access to a fair and competitive marketplace, and that businesses compete on a level playing field. By enforcing consumer protection and antitrust laws, the FTC helps to promote a healthy economy and protect consumers from harm.

FSBO | FTC franchise rule

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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