Federal Trade Commission
Pages | 428-432 |
FEDERAL TRADE COMMISSION
600 Pennsylvania Avenue NW., Washington, DC 20580
Phone, 202-326-2222. Internet, www.ftc.gov.
Chairman Timothy J. Muris
Executive Assistant Christine Wilson
Commissioners Sheila F. Anthony, Thomas B. Leary, Orson Swindle, Mozelle W. Thompson
Executive Director Rosemarie A. Straight
Deputy Executive Director Judith Bailey
Chief Information Officer Stephen Warren
Chief Financial Officer Henry Hoffman
Director, Bureau of Competition Joseph J. Simons
Deputy Directors Susan A. Creighton
M. Sean Royall
Director, Bureau of Consumer Protection J. Howard Beales III
Deputy Directors Lydia B. Parnes
C. Lee Peeler
Director, Bureau of Economics David T. Scheffman
Deputy Directors Mary Coleman, Acting
Paul A. Pautler
General Counsel William E. Kovacic
Principal Deputy General Counsel John D. Graubert
Director, Office of Congressional Relations Anna H. Davis
Director, Office of Public Affairs Cathy M. MacFarlane
Director, Office of Policy Planning R. Ted Cruz
Secretary of the Commission Donald S. Clark
Chief Administrative Law Judge James P. Timony
Inspector General Frederick J. Zirkel
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The Federal Trade Commission has jurisdiction to enhance consumer welfare and protect competition in broad sectors of the economy. The Commission enforces the laws that prohibit business practices that are anticompetitive, deceptive, or unfair to consumers; promotes informed consumer choice and public understanding of the competitive process; and seeks to accomplish its mission without impeding legitimate business activity.
The Federal Trade Commission was established in 1914 by the Federal Trade Commission Act (15 U.S.C. 41-58). The Commission is composed of five members appointed by the President, with the advice and consent of the Senate, for a term of 7 years. Not more than three of the Commissioners may be members of the same political party. One Commissioner is designated by the President as Chairman of the Commission and is responsible for its administrative management.
Activities
The Commission's principal functions are to:
--promote competition through the prevention of general trade restraints such as price-fixing agreements, boycotts, illegal combinations of
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competitors, and other unfair methods of competition;
--stop corporate mergers, acquisitions, or joint ventures that may substantially lessen competition or tend to create a monopoly;
--prevent pricing discrimination, exclusive dealing, tying arrangements, and discrimination among competing customers by sellers;
--prevent interlocking directorates or officers' positions that may restrain competition;
--prevent the dissemination of false or deceptive advertisements of consumer productsand services as well as other unfair or deceptive practices;
--promote electronic commerce by stopping fraud on the Internet and working with other domestic and foreign agencies to develop and promote policies to safeguard online privacy of personal information;
--protect the privacy of consumers' personal informationto prevent illegal or unwanted use of financial or other data;
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