What federal act established the Federal Trade Commission?

The Federal Trade Commission (FTC) was established by the Federal Trade Commission Act of 1914. This landmark legislation was created to promote consumer protection and eliminate unfair business practices. The establishment of the FTC marked a significant step in federal oversight of business practices, allowing the government to take action against monopolies and unfair competition.

The Federal Trade Commission Act aimed to prevent unfair methods of competition and unfair or deceptive acts or practices in commerce, which are central to the functions and enforcement responsibilities of the FTC. This act provides the foundation for the agency’s regulatory authority, enabling it to investigate and enforce compliance with various federal laws pertaining to trade and commerce.

In contrast, while other choices reference various aspects of trade and consumer law, none specifically denote the establishment of the FTC. The Consumer Protection Act refers more broadly to legislation aimed at securing consumer rights, Antitrust Law addresses competition and monopoly practices but isn’t a specific act like the FTC Act, and Trade Regulation Act lacks the specificity of establishing the FTC as did the 1914 act. Thus, the Federal Trade Commission Act of 1914 is the correct and direct answer to the question about the establishment of the FTC.