FEDERAL TRADE COMMISSION

Federal Trade Commission.An independent five-member federal commission that

administers various laws against business monopolies, restraint of trade, and deceptive trade

practices. • It was established by the Federal Trade Commission Act of 1914. 15 USCA §§ 41–58.

The Commission’s body of rulings often reaches into state-law actions because many so-called

Little FTC Acts of the states specify that FTC interpretations should provide a model for

state-court decisions. — Abbr. FTC. [Cases: Trade Regulation 741. C.J.S. Trade-Marks,

Trade-Names, and Unfair Competition §§ 342–344.][Blacks Law 8th]