On occasion the existence of an investigation may be identified in a press release. Sections 9 and 20 of the FTC Act Section 9 of the FTC Act authorizes the Commission to "require by subpoena the attendance and testimony of witnesses and the production of all such documentary evidence relating to any matter under investigation" 15 U. Any member of the Commission may sign a subpoena, and both members and "examiners" employees of the agency may administer oaths, examine witnesses, and receive evidence Id. Under Commission Rule 2.
Background[ edit ] The inspiration and motivation for this act started inwhen the Sherman Act was passed. This era in time was an antitrust movement to prevent manufacturers from joining price-fixing cartels. United Stateswhich dismantled a J.
Morgan company, antitrust enforcement became institutionalized. Congress passed this Act with the hopes of protecting consumers against methods of deception in advertisement, forcing the business to be upfront and truthful about items being sold.
The Federal Trade Commission Act does more than just create the Commission, Under this Act, the Commission is empowered, among other things, to a prevent unfair methods of competition, and unfair or deceptive acts or practices in or affecting commerce; b seek monetary redress and other relief for conduct injurious to consumers; c prescribe trade regulation rules defining with specificity acts or practices that are unfair or deceptive, and establishing requirements designed to prevent such acts or practices; d conduct investigations relating to the organization, business, practices, and management of entities engaged in commerce; and e make reports and legislative recommendations to Congress.
This commission was authorized to issue " cease and desist " orders to large corporations to curb unfair trade practices. In addition, the Federal Trade Commission Act is also considered a measure that protects privacy, as it allows the FTC to penalize companies that violate their own policies through false advertising and other actions that can harm consumers.
It passed the Senate by a vote on September 8, ; passed the House on September 10, without a tally of yeas and nays, and was signed into law by President Wilson on September Statute.
Federal Trade Commission. Department of Justice. State Enforcement Authorities. Private Parties.
Federal Trade Commission Act (15 U.S.C. §41 et seq.): administrative cease and desist authority [§5(b) FTCA]. The Federal Trade Commission (FTC) will likely find that the ad is deceptive, and the FTC may issue a cease-and-desist order. Jasmine's General Store advertises cans of X-brand tomatoes for $ per can, although she does not have any in stock.
The Economic Espionage Act of (Pub.L. –, Stat. , enacted October 11, ) was a 6 title Act of Congress dealing with a wide range of issues, including not only industrial espionage (e.g., the theft or misappropriation of a trade secret and the National Information Infrastructure Protection Act), but the insanity defense, the Boys & Girls Clubs of America, requirements for.
The documents in this feed originate from barnweddingvt.com which displays an unofficial web version of the daily Federal Register.
The official electronic version in PDF format is also available as a link from the barnweddingvt.com website. TITLE CHAPTER 1. OKLAHOMA UNIFORM SECURITIES ACT OF ARTICLE 1.
SECURITIES COMMISSION § Short title, This act shall be known and may be cited as the "Oklahoma Uniform Securities Act of ". The Federal Trade Commission (FTC) was established as an independent administrative agency pursuant to the Federal Trade Commission Act of .