What US Federal Trade Commission Act (15 USC ch 2): Unfair Methods of Competition and Unfair or Deceptive Acts requires
The Federal Trade Commission Act (15 U.S.C. ch. 2, subchapter I) creates the Federal Trade Commission (FTC) and prohibits unfair methods of competition and unfair or deceptive acts or practices in or affecting commerce. Section 41 establishes the Commission. Section 44 supplies the definitions, including commerce and corporation. Section 45 is the operative prohibition: it declares unlawful unfair methods of competition and unfair or deceptive acts or practices in or affecting commerce, empowers the Commission to prevent them, and provides for civil penalties of not more than 10,000 dollars for each violation of a final order. Several modern consumer provisions sit alongside it: section 45a addresses Made in the USA labeling, section 45b protects consumers' ability to post honest reviews, and section 45c addresses the circumvention of ticket access controls by bots. Section 46 sets out additional investigative and reporting powers of the Commission, and section 57a authorizes rulemaking to define unfair or deceptive acts or practices with specificity. The Act is the legal foundation for the FTC's dual mission of policing both anticompetitive conduct and consumer deception across the US economy.
Pillar: Competition & Antitrust · Authority: US Congress / Federal Trade Commission (FTC) · Version: 1.0.0 · Last updated:
Primary source: https://www.govinfo.gov/content/pkg/USCODE-2022-title15/html/USCODE-2022-title15-chap2.htm
SHA-256 integrity: 6bb2f065069cdf8b9145e1f1b652176cf1e30d1e845a3e661e210d4b0dc6387d
Primary Citations — 8 traced to source
- Federal Trade Commission Act, 15 U.S.C. 41 - Federal Trade Commission established.
- Federal Trade Commission Act, 15 U.S.C. 44 - definitions.
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