Definition of Federal Trade Commission in English:

Federal Trade Commission

noun

Finance
  • A federal agency, established in 1914, that administers antitrust and consumer protection legislation in pursuit of free and fair competition in the marketplace.

    • ‘Approval was yet to come from the U.S. Federal Trade Commission.’
    • ‘Now attention turned across the pond to the United States, where the Federal Trade Commission would review both bids.’
    • ‘Rambus has won its appeal against an anti-trust ruling by the Federal Trade Commission (FTC).’
    • ‘Identity theft is the fastest-growing consumer fraud in the world, affecting 19 people every minute, according to the Federal Trade Commission.’
    • ‘Ten million people a year are victims of some form of identity theft according to the Federal Trade Commission.’