The Federal Trade Commission was created to study industry structures and behavior and identify anticompetitive practices.

Question

Quizplus · Accepted Answer

The Federal Trade Commission was created in 1914 to promote and protect competition in the marketplace, prevent anticompetitive business practices, and protect consumers from unfair or deceptive advertising and marketing practices. Its purpose is to study industry structures and behavior in order to identify and put an end to anticompetitive practices.

The Federal Trade Commission Was Created to Study Industry Structures