Federal Trade Commission Act

Woodrow Wilson

Definition and Summary of the Federal Trade Commission Act
Summary and Definition: The 1914 Federal Trade Commission Act was a federal law passed during the era of the Progressive Movement that created the 1914 Federal Trade Commission (FTC) as his antitrust action to monitor American companies and investigate unfair business practices. The Federal Trade Commission (FCC) had the power to investigate companies and issue "cease and desist" notices against corporations engaging in unfair trade practices, or those companies that damaged competition. The Federal Trade Commission was created on September 26, 1914 the date when the law was passed.

1914 Federal Trade Commission Act (FTC Act)
Woodrow Wilson was the 28th American President who served in office from March 4, 1913 to March 4, 1921. One of the important  New Freedom progressive reforms, attacks against unfair business practices and laws passed during his presidency was the 1914 Federal Trade Commission Act.

   
  

Wilson's New Freedom Reforms for kids: 1914 Federal Trade Commission Act (FTC Act)
President Woodrow Wilson, like his predecessors Theodore Roosevelt and William Taft, was a firm supporter of the Progressive Movement and Progressive reforms. His New Freedom polices included the passing of the federal law known as the Federal Trade Commission Act as part of his economic reform legislation program.

Federal Trade Commission Act for kids: Why was the amendment to the law passed? What was its Purpose?
The purpose of the Federal Trade Commission Act was to establish the Federal Trade Commission (FCC) to protect consumers and maintain competition. It was as part of the 'trust-busting' battle and designed to prevent fraud, deception, and unfair business practices in the marketplace and prevent anti-competitive mergers and other anti-competitive business practices in the marketplace.

Who lobbied the Federal Trade Commission Act?
Lawyer George Rublee was a standard-bearer for the Progressive Party and lobbied for the Federal Trade Commission Act and was instrumental in the creation of Section 5 of the FTC Act, which gave the Commission prosecutorial authority to challenge unfair methods of competition.

What did the Federal Trade Commission Act do?
The Federal Trade Commission Act gave the Federal Trade Commission (FCC) authority to:

● Protect consumers from greedy or unfair business practices
● Provided a forum for American citizens to complain about unfair business practices of a company
● Investigate corporate conduct
● Issue cease and desist orders to companies engaging in unfair practices

Federal Trade Commission Act for kids: Related Subjects
In a 1938 amendment, the Federal Trade Commission (FCC) was given expanded powers in halting merger activities. For additional information refer to the
Clayton Antitrust Act that revised the 1890 Sherman Antitrust Act and banned monopolistic practices by business and affirmed the right of workers to go on strike.

Federal Trade Commission Act for kids
The info about the Federal Trade Commission Act provides interesting facts and important information about this important law that was passed during the presidency of the 28th President of the United States of America.

Federal Trade Commission Act - President Woodrow Wilson Video
The article on the Federal Trade Commission Act provides detailed facts and a summary of one of the important progressive reforms and federal laws passed during his presidential term in office. The following Woodrow Wilson video will give you additional important facts and dates about the political events experienced by the 28th American President whose presidency spanned from March 4, 1913 to March 4, 1921.

Federal Trade Commission Act

Interesting Facts about the Trade Commission Act for kids & schools
Key events and Federal Trade Commission Act  for kids
The Federal Trade Commission Act, a major event in US history
Woodrow Wilson Presidency from March 4, 1913 to March 4, 1921
Fast, fun facts about the Federal Trade Commission Act
Progressive laws and reforms of President Woodrow Wilson
Woodrow Wilson Presidency and Federal Trade Commission Act for schools, homework, kids and children

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