The Federal Trade Commission Act of 1914 is a United States federal law that established the Federal Trade Commission (FTC). This act was passed in response to the growing power of large corporations and monopolies in the early 20th century. The FTC was established to protect consumers from unfair and deceptive business
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The Federal Trade Commission Act of 1914 is a United States federal law which established the Federal Trade Commission. The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts or practices that affect commerce.