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In 1914, Congress created the Federal Trade Commission (FTC) to promote consumer protection and prevent anticompetitive business practices. The FTC was tasked with enforcing antitrust laws and ensuring fair competition in the marketplace. Its primary functions include investigating unfair or deceptive acts and practices, as well as promoting informed consumer choices. The establishment of the FTC marked a significant step in regulating corporate behavior and protecting consumers in the United States.

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1mo ago

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