Definition: A federal agency that enforces consumer-protection and competition laws, including rules against unfair or deceptive business practices.
Example
The FTC challenges misleading advertising that gives consumers a false impression about a product or service.
Keep the distinction clear
The FTC is not Florida's real estate licensing board. FREC oversees Florida real estate license regulation, while federal and other state agencies have different responsibilities.
Related terms
Antitrust Laws · Misrepresentation · Telephone Solicitation
Keep studying
Florida Real Estate Advertising: Brokerage Names and Contact Information
References: FTC: agency mission
Pronunciation (US): FED-er-ul TRAYD kuh-MISH-un; F-T-C (capitals show stress)
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