Federal Trade Commission
Some of the key events about Federal Trade Commission
- 1914Established to prevent unfair methods of competition in commerce
- 1914Failed to prevent the formation of U.S. Steel, allowing the creation of the world's first billion-dollar corporation
- 1920Criticized for ineffective enforcement of antitrust laws during the post-World War I merger wave
- 1935Faced accusations of overstepping its authority in attempting to regulate the insurance industry
- 1938Granted authority to protect consumers against unfair and deceptive trade practices
- 1950Issued guidelines for proper use of "Made in USA" labels
- 1969Criticized for inadequate consumer protection measures during the rise of cigarette advertising
- 1975Created the Bureau of Consumer Protection to enforce consumer protection laws
- 1979Implemented the Used Car Rule, requiring dealers to provide warranty information
- 1980Accused of lax enforcement of antitrust laws during the Reagan administration
- 1998Launched the National Do Not Call Registry to reduce unwanted telemarketing calls
- 1998Failed to prevent the merger of Exxon and Mobil, creating one of the world's largest oil companies
- 2003Enacted the CAN-SPAM Act to regulate commercial email practices
- 2006Criticized for not doing enough to protect consumers from identity theft and data breaches
- 2009Introduced rules to protect consumers from unfair credit card practices
- 2010Implemented the Red Flags Rule to combat identity theft
- 2011Faced criticism for settling with Google over privacy violations without imposing significant penalties
- 2013Failed to prevent the merger of American Airlines and US Airways, reducing competition in the airline industry
- 2019Imposed a $5 billion penalty on Facebook for violating users' privacy
- 2019Criticized for imposing a relatively small $5 billion fine on Facebook for privacy violations
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
Federal Trade Commission Latest news
Trump picks new FTC boss: What's next for big tech and online speech?
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December 11 2024 , 08:19 PM • 54426 viewsTrump picks new FTC boss: What's next for big tech and online speech?
Trump names **Andrew Ferguson** as future FTC leader‚ bringing fresh view on tech oversight and online speech issues. His appointment could re-shape how government handles big-tech cases and conservative voices online
Two betting giants might face federal probe over market behavior
Senators want federal agencies to check if online betting companies work together against rivals. The request comes after reports about DraftKings and FanDuelʼs market actions
UK delays big tech cloud probe as Microsoft faces billion-pound lawsuit
British watchdog pushes back cloud market investigation results to early-2025‚ while keeping final deadline intact. **Microsoft** faces new legal troubles over its cloud-service policies in UK and US
FTC starts major probe into Microsoft's tech empire - what happens next?
Federal watchdogs begin deep-dive into Microsoftʼs cloud tech and AI operations. The big investigationʼs future hangs in balance as new administration prepares to take office next year
FTC starts new probe into Microsoft's tech empire before Biden's term ends
US trade watchdog begins wide-scale investigation of Microsoftʼs business divisions this winter. The probe targets companyʼs cloud computing AI and security products just months before presidential transition
Trump's plans might change how US controls big tech companies
Head of FTC Lina Khan made big-tech companies follow strict rules during her time. New leadership could change everything about how government watches over tech giants