Federal Trade Commission

User Generated

Q2006gnznxybr

Business Finance

Description

Identify a specific governmental agency referenced in the textbook. Then do the following:

  1. Discuss the role of the agency.
  2. Present arguments for and against its role in the regulation of business.

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Explanation & Answer

Attached.

Running Head: FEDERAL TRADE COMMISSION

The Federal Trade Commission
Student’s Name
University Affiliation

1

FEDERAL TRADE COMMISSION

2
Role of the Agency

The Federal Trade Commission is a bipartisan federal agency that has a unique role in
protecting consumers and also promoting competition. It has done this for so many years by
being collegial and consensus-driven while ensuring that the interests of American consumers
are realized (Federal Trade Commission, n.d). It concerns itself with advancing the interests of
consumers much as it encourages competition and innovation in the dynamic economy that it
works in. It develops policy as well as research tools through workshops, hearings, and
conferences. While doing this, they work together with law enforcement partners found all over
the country and globally to advance their most important consumer protection and competition
objectives (Federal Trade Commission, n.d). Outs...


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