Federal Trade Commission
United States federal government agency / From Wikipedia, the free encyclopedia
The Federal Trade Commission (FTC) is an independent agency of the United States government. They focus on the enforcement of civil (non-criminal) U.S. antitrust law and the promotion of consumer protection.
Quick Facts Agency overview, Formed ...
Agency overview | |
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Formed | September 26, 1914; 109 years ago (1914-09-26) |
Preceding agency |
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Jurisdiction | United States |
Headquarters | Federal Trade Commission Building Washington, D.C. |
Employees | 1,131 (December 2011)[1] |
Annual budget | $311 million (FY 2019)[2] |
Agency executive |
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Website | www |
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The Commission is headed by five Commissioners, each serving a seven-year term. Commissioners are nominated by the President and confirmed by the Senate. No more than three Commissioners can be of the same political party.
The President chooses one Commissioner to act as Chairman.[5]