What is the mission of the Federal Trade Commission?

The mission of the Federal Trade Commission (FTC) is to protect consumers and promote competition in the marketplace. The FTC works to ensure that consumers' rights are safeguarded and that businesses operate in a fair and competitive manner. This is achieved through various initiatives, including enforcing consumer protection laws, eliminating unfair and deceptive business practices, and maintaining a competitive marketplace. The FTC strives to prevent fraudulent activities, monopolistic behaviors, and to provide consumers with accurate information to make informed choices. By balancing consumer protection and promoting competition, the FTC aims to foster a thriving and transparent economy that benefits individuals and businesses alike.