Federal Trade Commission mainly serves a purpose of preventing anticompetitive business practices, and protecting consumers from the corporations that is deceptive or unfair to them(FTC, 2015). The agency was established under the Federal Trade Commission Act, this act was signed into law by President Woodrow Wilson back in 1914. The goal for the agency doesn’t stop at simply preventing bad business practices, it’s mission also includes promoting competition. Through various methods including hearings, conferences and workshops, FTC develops policy, research tools, and actively collaborate with law enforcement agencies to protect consumer and promote competition. FTC also does not limit themselves in domestic markets either, they also cooperate
