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LSDefine

Simple English definitions for legal terms

FTC

Read a random definition: fair market value

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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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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