On September 26, 1914, the Federal Trade Commission (FTC) was organized as an independent agency. Created by Congress to enforce civil antitrust law, the FTC was tasked with protecting consumers and ensuring fair competition. It could investigate companies, issue orders against unfair methods of competition, and recommend policy changes. Over time, the FTC’s role expanded to include consumer protection in areas such as advertising, privacy, and fraud. The agency remains a key player in U.S. economic regulation.
