Federal Trade Commission: Difference between revisions

| budget = $311425.7 million (FY 20192024)<ref>{{Cite web|url=https://www.ftccongress.gov/systembill/files/documents118th-congress/reports/agencyhouse-financial-report-fy2019bill/ftc_agency_financial_report_fy2019.pdf2882/text|title=FTCH.R.2882 2019- AgencyFurther FinancialConsolidated Appropriations Act, 2024 Report|website=Federal Trade CommissionCongress}}</ref>

| website = {{URL|https://www.ftc.gov/}}

Though the initial bill did not pass, the questions of trusts and antitrust dominated the 1912 election.<ref name="FTC hist">[http://www.ftc.gov/sites/default/files/attachments/ftc-90-symposium/90thanniv_program.pdf A Brief History of the Federal Trade Commission], Federal Trade Commission, 90th Anniversary Symposium.</ref> Most political party platforms in 1912 endorsed the establishment of a federal trade commission with its regulatory powers placed in the hands of an administrative board, as an alternative to functions previously and necessarily exercised so slowly through the courts.<ref>[https://web.archive.org/web/20140301021630/http://www.presidency.ucsb.edu/ws/?pid=29633 Republican Party Platform of 1912], June 18, 1912; [https://web.archive.org/web/20140301022828/http://www.presidency.ucsb.edu/ws/?pid=29590 Democratic Party Platform of 1912], June 25, 1912; USCB.edu</ref><ref>[https://web.archive.org/web/20111117204056/https://www.pbs.org/wgbh/americanexperience/features/primary-resources/tr-progressive/ Platform of the Progressive Party], August 7, 1912; PBS.org</ref>

In the 2021 [[United States Supreme Court]] case, ''[[AMG Capital Management, LLC v. FTC]]'', the Court found unanimously that the FTC did not have power under {{uscUnitedStatesCodeSub|15|13b53|b}} of the FTC Act, amended in 1973, to seek equitable relief in courts; it had the power to seek only injunctive relief.<ref>{{cite web|last=Hurley|first=Lawrence|date=April 22, 2021|title=U.S. Supreme Court curbs FTC's power to recoup ill-gotten gains|url=https://www.reuters.com/business/finance/us-supreme-court-curbs-ftcs-power-recoup-ill-gotten-gains-2021-04-22/|publisher=[[Reuters]]|accessdate=April 22, 2021}}</ref>

|[[Williams College]] ([[Bachelor of Arts|BA]])

[[Yale Law School]] ([[Juris Doctor|JD]])

|{{dts|June 15, 2021}}

|{{dts|September 26, 2024}}

|[[Yale University]] ([[Bachelor of Arts|BA]])

[[Yale Law School]] ([[Juris Doctor|JD]])

| data-sort-value="1987/01/03" {{dts|May 2, 2018}}

|{{dts|September 26, 20222029}}

|{{dts|May 16, 2022}}

|{{dts|September 26, 2026}}

|{{dts|September 26, 20232025}}

|{{dts|September 26, 20252030}}

The Bureau of Competition is the division of the FTC charged with elimination and prevention of "anticompetitive" business practices. It accomplishes this through the enforcement of [[antitrust]] laws, review of proposed [[merger]]s, and investigation into other non-merger business practices that may impair competition. Such non-merger practices include horizontal restraints, involving agreements between direct competitors, and [[vertical restraints]], involving agreements among businesses at different levels in the same industry (such as suppliers and commercial buyers).
[[File:ApexBuildingHighsmithThe_Apex_Building,_headquarters_of_the_Federal_Trade_Commission,_on_Constitution_Avenue_and_7th_Streets_in_Washington,_D.C.jpg|thumb|right|218px|Apex Building, built in 1938 (FTC headquarters) in [[Washington, D.C.|Washington, DC]]]]
The FTC shares enforcement of antitrust laws with the [[United States Department of Justice|Department of Justice]]. However, while the FTC is responsible for civil enforcement of antitrust laws, the [[Antitrust Division of the Department of Justice]] has the power to bring both civil and criminal action in antitrust matters.

*[https://www.ecfr.gov/current/title-16/chapter-I 16 CFR Chapter I] of the Code of Federal Regulations onfrom the [[FederalRegister.govOffice of the Federal Register|OFR]]