federal trade commission FTC

An independent agency of the United States government headed by five commissioners, each of whom is appointed to office by the president and confirmed by the U.S. Senate. The president has the authority to designate one of the commissioners as chairman of the agency. The FTC has an extensive staff and is charged with administering and enforcing the Franchise Rule as well as general prohibitions against unfair and deceptive practices; for example, involving advertising.

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