Dictionary Home » The American Heritage Dictionary of Business Terms » Federal Trade Commission Act of 1914

Federal Trade Commission Act of 1914

Federal Trade Commission Act of 1914 definition - business

Federal Trade Commission Act of 1914

The federal law that established the Federal Trade Commission and provided it with limited power to investigate corporate conduct, hold hearings, and issue cease-and-desist orders. In a 1938 amendment, the FTC was given expanded powers in halting merger activities. See also Clayton Act, Sherman Antitrust Act.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.