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Federal Trade Commission
Taxonomy Code: DD-2100.2000
A federal agency that has a dual mission to protect consumers and promote competition. The FTC protects consumers by stopping unfair, deceptive or fraudulent practices in the marketplace. They conduct investigations, sue companies and people that violate the law and educate consumers and businesses about their rights and responsibilities. They collect complaints about hundreds of issues from data security and deceptive advertising to identity theft and Do Not Call violations, and make them available to law enforcement agencies worldwide for follow-up. The FTC also enforces antitrust laws to help ensure a vibrant marketplace that is open and free. They monitor business practices and review potential mergers, challenging them when appropriate to ensure that the market works according to consumer preferences, not illegal practices, and that consumers are not unfairly subjected to higher prices, lower quality, fewer choices or reduced rates of innovation.
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