- What is FTC refund?
- What department is above the FTC?
- How do I contact FTC by phone?
- Who is head of FTC?
- Where is the Federal Trade Commission?
- What branch does the FTC fall under?
- Who does the FTC Act apply to?
- Can you sue the FTC?
- What the FTC does?
- What does FTC do with complaints?
- How long does an FTC investigation take?
- What happens if you violate the FTC Act?
- Who controls the FTC?
- Is FTC Gov a safe site?
- How do I cite FTC complaints?
- What are the two main things the FTC does?
- What does the FTC Act prohibit?
- What actions can the FTC take?
What is FTC refund?
The FTC enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money.
The chart below includes recent FTC cases that resulted in refunds.
If you’d like to know more about how the refund program works, visit this page about the FTC’s process..
What department is above the FTC?
U.S. Department of Commerce | Federal Trade Commission.
How do I contact FTC by phone?
The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and file a fraud report online or by calling 1-877-FTC-HELP (382-4357).
Who is head of FTC?
Joseph J. SimonsBiography. Joseph J. Simons was sworn in as Chairman of the Federal Trade Commission on May 1, 2018. Before joining the Commission, Joe was a partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP and Co-Chair of the firm’s Antitrust Group.
Where is the Federal Trade Commission?
The FTC shares jurisdiction over federal civil antitrust enforcement in the United States with the Antitrust Division of the U.S. Department of Justice. It is headquartered in the Federal Trade Commission Building in Washington, DC. The FTC was established in 1914 with the passage of the Federal Trade Commission Act.
What branch does the FTC fall under?
Executive branchThe Commission, which is known as the FTC, was created in 1914 and is part of the federal government. It’s an independent agency within the Executive branch of the federal government, although it also reports on its activities to Congress, the Legislative branch.
Who does the FTC Act apply to?
Section 5(a) of the Federal Trade Commission Act (FTC Act) (15 USC §45) prohibits “unfair or deceptive acts or practices in or affecting commerce.” This prohibition applies to all persons engaged in commerce, including banks.
Can you sue the FTC?
To initiate the lawsuit, the FTC will file a Complaint in the appropriate court alleging their claims for your FTC compliance failures.
What the FTC does?
The FTC protects consumers by stopping unfair, deceptive or fraudulent practices in the marketplace. We conduct investigations, sue companies and people that violate the law, develop rules to ensure a vibrant marketplace, and educate consumers and businesses about their rights and responsibilities.
What does FTC do with complaints?
The FTC’s Bureau of Consumer Protection stops unfair, deceptive and fraudulent business practices by collecting reports from consumers and conducting investigations, suing companies and people that break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their rights …
How long does an FTC investigation take?
Our goal is to respond within the timeframe outlined in the Freedom of Information Act, which is twenty working days, or approximately one month, but this may vary with the complexity of the request.
What happens if you violate the FTC Act?
Criminal prosecutions are typically limited to intentional and clear violations such as when competitors fix prices or rig bids. The Sherman Act imposes criminal penalties of up to $100 million for a corporation and $1 million for an individual, along with up to 10 years in prison.
Who controls the FTC?
The Commission is headed by five Commissioners, nominated by the President and confirmed by the Senate, each serving a seven-year term. No more than three Commissioners can be of the same political party. The President chooses one Commissioner to act as Chairman.
Is FTC Gov a safe site?
Secure Pages and Forms To protect the privacy of your information, the Transport Layer Security (TLS) encryption standard is required to access secure pages on FTC.gov and other FTC websites. … We encourage use of the latest TLS version, but our websites will support TLS 1.0 and higher.
How do I cite FTC complaints?
Cite the complaint in order as complaint, case name, federal supplement, court, date and filing number. For example: Complaint at 39, Peter v.
What are the two main things the FTC does?
The basic statute enforced by the FTC, Section 5(a) of the FTC Act, empowers the agency to investigate and prevent unfair methods of competition, and unfair or deceptive acts or practices affecting commerce. This creates the Agency’s two primary missions: protecting competition and protecting consumers.
What does the FTC Act prohibit?
Section 5(a) of the Federal Trade Commission Act (FTC Act) (15 USC §45) prohibits “unfair or deceptive acts or practices in or affecting commerce.” This prohibition applies to all persons engaged in commerce, including banks. … The legal standards for unfairness and deception are independent of each other.
What actions can the FTC take?
The FTC enforces federal consumer protection laws that prevent fraud, deception and unfair business practices. The Commission also enforces federal antitrust laws that prohibit anticompetitive mergers and other business practices that could lead to higher prices, fewer choices, or less innovation.