What Federal Trade Commission Act Section 5 - Unfair Methods of Competition in or Affecting Commerce requires
Prohibits unfair methods of competition in or affecting commerce, granting the FTC standalone authority to challenge anticompetitive conduct beyond the scope of the Sherman Act. Applies to all persons, partnerships, and corporations engaged in commerce. Key clause: 15 U.S.C. § 45(a)(1).
Pillar: Competition & Antitrust · Authority: Federal Trade Commission, United States Congress · Version: 1.0.1 · Last updated:
Primary source: https://www.law.cornell.edu/uscode/text/15/45
SHA-256 integrity: fbd399cc13767637e3c0fc38da12b3998e0a23ab7cb459f29b8bba76475bc689
Primary Citations — 5 traced to source
- Federal Trade Commission Act, Section 5(a)(1) - Unfair methods of competition and unfair or deceptive acts or practices in or affecting commerce are hereby declared unlawful.
- Federal Trade Commission Act, Section 5(b) - The Commission is empowered and directed to prevent persons, partnerships, or corporations from using unfair methods of competition in or affecting commerce.
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