Federal Trade Commission: Difference between revisions

Marie Cabural (talk | contribs)
Marie Cabural (talk | contribs)
Line 36: Line 36:
==The Bureau of Competition==
==The Bureau of Competition==
The primary role of the Bureau of Competition is to promote competition within the business sector for the benefit and interest of consumers. The Bureau examines company mergers and acquisitions to make sure that the transaction is fair and it will not result to price increase, limited choices, lesser innovation, reduce competition and monopoly.<ref>[http://www.ftc.gov/bc/index.shtml The Bureau of competition]</ref>
The primary role of the Bureau of Competition is to promote competition within the business sector for the benefit and interest of consumers. The Bureau examines company mergers and acquisitions to make sure that the transaction is fair and it will not result to price increase, limited choices, lesser innovation, reduce competition and monopoly.<ref>[http://www.ftc.gov/bc/index.shtml The Bureau of competition]</ref>
==The Bureau of Consumer Protection==
The Bureau of Consumer Protection's main objective is safeguard the interests of consumers from deceitful and unfair business practices. The bureau increases consumer confidence by enforcing federal laws, provide information to help consumers identify fraud, encourage consumers to file complaint regarding illegal business activities.<ref>[http://www.ftc.gov/bcp/index.shtml The Bureau of Consumer Protection]</ref>
==The Bureau of Economics==
The Bureau of Economics evaluates the economic impacts of government regulations and provides policy recommendations to the Legislative and the Executive Branch of the government regarding competition and consumer protection. It is also expected to analyze and support the any antitrust and consumer protection investigation as well as the creation of rules to be implemented by the commission.<ref>[http://www.ftc.gov/be/index.shtml The Bureau of Economics]</ref>
==FTC Commissioners==
The current Commissioners of FTC include:<ref>[http://www.ftc.gov/commissioners/index.shtml FTC Commissioners]</ref>
* '''Jon Leibowitz''', Chairman
* '''William E. Kovacic'''
* '''J. Thomas Rosch'''
* '''Edith Ramirez'''
* '''Julie Brill'''


==References==
==References==