A major step in regulating "unfair or deceptive business acts and practices" was the enactment of the in 1938.

Name: A major step in regulating "unfair or deceptive business acts and practices" was the enactment of the in 1938.
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The Wheeler-Lea Act was enacted in 1938 and expanded on the Federal Trade Commission's power to regulate "unfair or deceptive business acts and practices." It also gave the Commission the ability to regulate advertising and outlawed certain deceptive pricing practices.

A Major Step in Regulating "Unfair or Deceptive Business Acts