Brief

Summary:

The Federal Trade Commission (FTC) is responsible for enforcing federal competition and consumer protection laws. The FTC's mission is to protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices. The FTC enforces laws related to antitrust, consumer protection, and identity theft, and provides guidance and resources for businesses to understand their responsibilities and comply with the law. The FTC also offers consumer advice and guidance on various topics, including consumer protection, identity theft, and scams. Additionally, the FTC promotes competition and educates consumers through its website, ReportFraud.ftc.gov, and social media channels.

Key points:

FTC mission: Protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices.
FTC enforcement: Antitrust, consumer protection, and identity theft laws.
Resources for businesses: Legal guidance, compliance assistance, and education.
Consumer advice and guidance: Protecting consumer rights, avoiding scams, and reporting fraud.
* Competition promotion: Encouraging competition, educating consumers, and offering resources.

Enforcement

We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices.

View Enforcement

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Search or browse
the Legal Library

Find legal resources and guidance to understand your business responsibilities and comply with the law.

Browse legal resources

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Take action

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Competition Matters

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John Newman & Amy Ritchie, Bureau of Competition

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Policy

We work to advance government policies that protect consumers and promote competition.

View Policy

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Search or browse
the Legal Library

Find legal resources and guidance to understand your business responsibilities and comply with the law.

Browse legal resources

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Take action

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Technology Blog

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Staff in the Office of Technology

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Advice and Guidance

Learn more about your rights as a consumer and how to spot and avoid scams. Find the resources you need to understand how consumer protection law impacts your business.

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Take action

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Consumer Advice

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Business Guidance

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Servicemembers:
Your tool for financial readiness

Visit militaryconsumer.gov

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Get consumer protection basics, plain and simple

Visit consumer.gov

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Learn how the FTC protects free enterprise and consumers

Visit Competition Counts

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Looking for competition guidance?

Competition Guidance

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News and Events

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Sign up for the latest news

Follow us on social media

         

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About the FTC

Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity.

Learn more about the FTC

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Looking for legal documents or records? Search the Legal Library instead.

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Looking for legal documents or records? Search the Legal Library instead.

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For Your Information

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The Federal Trade Commission has adjusted the maximum civil penalty dollar amounts for violations of 16 provisions of law the FTC enforces, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The Act directs agencies to implement annual inflation adjustments based on a prescribed formula. The new maximum civil penalty amounts became effective once they were published in the Federal Register on January 10.

The maximum civil penalty amount has increased from $50,120 to $51,744 for violations of Sections 5(l), 5(m)(1)(A), and 5(m)(1)(B) of the FTC Act, Section 7A(g)(l) of the Clayton Act, and Section 525(b) of the Energy Policy and Conservation Act. It has increased from $659 to $680 for violations of Section 10 of the FTC Act.

The maximum civil penalty amount has increased from $1,426,319 to $1,472,546 for violations of Section 814(a) of the Energy Independence and Security Act of 2007. The maximum civil penalty amounts for other law violations within the agency’s jurisdiction are listed in the Federal Register notice. The Commission vote to publish the Federal Register notice amending Commission Rule 1.98 was 3-0

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The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and report scams, fraud, and bad business practices online at ReportFraud.ftc.gov. Follow the FTC on social media, read our blogs and subscribe to press releases for the latest FTC news and resources.

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Office of Public Affairs

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202-326-2161

Highlights content goes here...

Summary:

The Federal Trade Commission (FTC) is an agency responsible for enforcing federal competition and consumer protection laws, aiming to prevent anticompetitive, deceptive, and unfair business practices. The agency consists of various components, including enforcement, policy, advice and guidance, and education.

The Enforcement division ensures compliance with the law by investigating and prosecuting cases of antitrust violations, deceptive advertising, and other unfair business practices. The FTC provides various resources, including legal libraries, legal guidance, and business advice, to help businesses understand their responsibilities and comply with the law.

The Policy division works to advance government policies that promote competition and protect consumers. The agency publishes policy statements and accepts public comments on proposed policies.

The Advice and Guidance section provides information on consumer rights and how to spot and avoid scams. It also offers resources for businesses, including guidance on advertising, credit, and privacy.

In the latest news, the FTC has announced an increase in the maximum civil penalty dollar amounts for violations of 16 provisions of law, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The new maximum civil penalty amounts came into effect on January 10, 2024.

Additionally, the FTC provides various resources for consumers, including information on financial readiness for servicemembers, consumer protection basics, and competition guidance. The agency also offers complaint forms, fraud reports, and identity theft reports.

Overall, the FTC’s mission is to protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices while also promoting free enterprise and education.

Federal Trade Commission

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