Section 5(a) of the Federal Trade Commission Act (FTC Act) (15 USC §45) prohibits “unfair or deceptive acts or practices in or affecting commerce.” This prohibition applies to all persons engaged in commerce, including banks. The Board has affirmed its authority under section 8 of the Federal Deposit Insurance Act to take Abstract. Antitrust and Trade Regulation Commons, and the Law and Economics Commons Repository Citation Hovenkamp, Herbert J., "The Federal Trade Commission and the Sherman Act" (2010). Your in-text citation (whether in prose or parentheses) should direct the reader to the first element in your works-cited list (in other words, the title). The Federal Trade Commission Act established a government commission aimed at preventing unfair and anti-competitive business practices. The FTC has explicit antitrust authority to enforce the Clayton Act, although not the Sherman Act. Collect the name of the Act, its location in the U.S. Code (the section number and volume number,) the year of publication, and page numbers that the Act appears on. Toll Free: 1-877-FTC-HELP (1-877-382-4357) TTY: 1-866-653-4261. 8132. Once the Act is cited properly, the writer can place as much relevant information in the paper as they see fit. Gather the information required to cite the Federal Act. Unfair methods of competition unlawful; prevention by Commission § 45a. The Federal Trade Commission Act, referred to in subsecs. (h), is act Sept. 26, 1914, ch. of chapter 2 of this title. For complete classification of this Act to the Code, see section 58 of this title and Tables. Federal Trade Commission Dates: This rule is effective November 5, 2020. 717, known as the Federal Trade Commission Act, which is classified generally to subchapter I (§41 et seq.) 717, as amended, which is classified generally to subchapter I (§41 et seq.) Effective Date: 11/05/2020 Document Type: Rule Document Citation: 85 FR 63012 Page: 63012-63014 (3 pages) CFR: Labels on products § 45b. The incorporation by reference of certain publications listed in the rule is approved by the Director of the Federal Register as of November 5, 2020. Main Address: 600 Pennsylvania Ave., NW Washington, DC 20580. Amendments. To require the Federal Trade Commission and the Secretary of Commerce to conduct studies and submit reports on the impact of artificial intelligence and other technologies on United States businesses conducting interstate commerce, and for other purposes. Register for Do Not Call List. L.J. Office and place of meeting § 44. Contact the Federal Trade Commission. Critics believed that even these new anti-monopoly tools were not fully effective. (a) and (b), is act Sept. 26, 1914, ch. Consumer review protection § 45c. Report a Fraud/Scam . Popular Services from Federal Trade Commission. The act approved September 26, 1914, referred to in subsec. 311, 38 Stat. Government branch: Independent Agency. The Federal Trade Commission Act authorizes this information collection for purposes of managing online comments. Employees; expenses § 43. The Federal Trade Commission Act bans "unfair methods of competition" and "unfair or deceptive acts or practices." This will either be Civil Rights Act or Title 7 (see the discussion of Federal Statutes above for considerations about which title to begin your entry with). For complete classification of this Act to the Code, see section 58 of this title and Tables. Phone Number: 1-202-326-2222. 311, 38 Stat. § 41. of this chapter. Definitions § 45. In GovTrack.us, a database of bills in the U.S. Congress. Under federal law, the maximum fine may be increased to twice the amount the conspirators gained from the illegal acts or twice the money lost by the victims of the crime, if either of those amounts is over $100 million. Faculty ... 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