Federal Trade Commission - Enforcing Antitrust Laws

The video explains the role of the Federal Trade Commission (FTC) in enforcing antitrust laws. The FTC is responsible for identifying and regulating unfair or deceptive practices that harm consumers and competition. It has both legislative and executive functions, issuing compliance rules and enforcing them. The FTC evaluates whether conduct is anti-competitive by assessing its impact on consumers, public policy, and ethical standards. If conduct is deemed unfair, the FTC can take enforcement action. Most antitrust enforcement occurs at the federal level, primarily managed by the FTC.

What is the primary role of the Fair Trade Commission (FTC)?

• To manage federal budgets

• To regulate environmental policies

• To promote international trade

• To enforce antitrust laws

Which federal agency does the FTC collaborate with for criminal actions?

• Department of Education

• Department of Health

• Department of Justice

• Department of Defense

What does the FTC analyze to determine if conduct is anti-competitive?

• The company's annual revenue

• The impact on consumer prices

• The conduct's effect on competition

• The number of employees in the company

Which question does the FTC NOT consider when evaluating conduct?

• Is the conduct unethical?

• Does the conduct harm consumers?

• Does the conduct increase taxes?

• Does the conduct offend public policy?

What action can the FTC take if conduct is found to be anti-competitive?

• Issue a warning letter

• Seek an enforcement action

• Provide a tax incentive

• Offer a public apology