Which of the following provides the Federal Trade Commission with jurisdiction over misleading or false advertising?

Question

Quizplus · Accepted Answer

The Wheeler-Lea Act, passed in 1938, provides the FTC with jurisdiction over false and misleading advertising. The act was enacted to amend and strengthen the FTC Act of 1914, which created the Federal Trade Commission. The Sherman Antitrust Act and the Clayton Act are primarily concerned with ensuring that companies compete fairly in the marketplace. The Gramm-Leach-Bliley Act, also known as the Financial Services Modernization Act, deals with financial privacy and consumer protection in the banking and financial services industries.

Which of the Following Provides the Federal Trade Commission with Jurisdiction