Antitrust Laws Research Paper

The Federal Trade Commission(FTC) was created in 1914. It was created to ensure that there were no businesses that were anticompetitive; meaning that there wasn’t one company or business that was creating a monopoly. The FTC has three main goals; they are to protect consumers, maintain competition, and advance performance. They protect the consumers by preventing fraud and making sure businesses are fair in the marketplace. They maintain competition by preventing companies from merging together and creating a monopoly. Finally, they advance performance by advancing the FTC’s performance through organizational, personal, and management excellence. The FTC is very beneficial, and although not everybody knows about it, as a consumer it helps with the economy of every American. Throughout the years since it was created, there has been more laws added that help keep businesses

EEO states which is that EEOC is responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person 's race, color, religion, sex (including pregnancy), national origin, age (40 or older), disability or genetic information. These laws apply to all types of work situations, including hiring, firing, promotions, harassment, training, wages, and benefits.

The objective of the United States independent regulatory agency is to enforce any regulations of the political influence. The Federal Trade Commission’s goal is to enforce rules that involve businesses being unfair to its consumers and to ensure that business activity is legitimate. FTC serves as a law enforcement related agency protecting the consumers in terms of economy, fraud, and competition. This can relate to scams over the internet, in person, or telemarketing. Scams can be better known as mortgage scams, fake sweepstakes, fake product sales, etc. When they were first started, it was due to biased means of competition with businesses. As time went on, laws were passed which gave more authority to those involved in trying to eliminate

The Federal Communications Commission (FCC) is an independent Federal regulatory agency authorized by Congress by the Communications Act of 1934 as the replacement to the Federal Radio Commission and is charged with regulating all non-Federal Government use of the radio spectrum including radio and television broadcasting and interstate telecommunications wire, satellite and cable as well as international communications that originate or terminate in the United States. The FCC took over wire communication regulation from the Interstate Commerce Commission in 1934 and congress had not changed the FCC’s regulatory authority until congress passed the Telecommunication Act of 1996.

The ability for the federal government to regulate businesses’ activity is given in the Constitution. Article 1, Section 8 is known as the commerce clause; it states, “Congress shall have the Power…to regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes” (Reed, 173). Through the commerce clause, the government is able to regulate business activity by the use of administrative agencies, which is defined as “a governmental regulatory body that controls and supervises a particular activity or area of public interest and administers and enforces a particular body of law related to that activity or interest” (Administrative Agency, 1). There are two types of regulatory authority that agencies may

The US Postal Service and Amtrak (which is a part of the rail passenger system), are examples of the government corporations. Government corporations do not belong to any department — they stand on their own (ushistory.org). They charge expenses for rendering service too sweeping or excessively beneficial for private enterprises, making it impossible to handle. In a perfect world, they get enough finances to act naturally maintaining. Government corporations are more self-ruling in politics than most organizations. For example, the Postal Rate Commission decides what rates for postage on the premise of incomes and consumption. Like some other business, government organizations have private rivals —, for example, Federal Express and UPS — and at times state rivalry —, for example, the New Jersey Transit Authority.

The federal Trade Commission was created on September 26, 1914 when President Woodrow Wilson signed the Federal Trade Commission Act into law. The FTC’s goal is to protect consumers, maintain competition, and advance performance. The FTC focuses on the promotion element of marketing or the advertising aspect. The federal law states that any advertisement must be truthful and when it applies be backed by scientific evidence. The FTC enforces this federal law and in a recent case where the FTC charged Fortune Hi- Tech Marketing with making deceptive claims. The Fortune Hi-Tech Marketing Company was misleading people about how much money they could earn by working for the company. The company agreed to settle the lawsuit and provided partial refunds.

The Equal Employment Opportunity Commission (EEOC) was established shortly after the passage of the Civil Rights Acts of 1964 by the US federal agency empowered by Congress. The EEOC is to enforce the laws prohibiting discrimination in the workplace. The EEOC was giving the right to oversee the practices of private and government employers to combat discrimination ("What Is The Equal Employment Opportunity Commission (eeoc)?”, 2012). The EEOC wins cases based on sexual harassment, discrimination, racial profiling, and other employment cases daily. However, on October 16, 2012 the EEOC won a rare partial judgment ruling in racial harassment.

The federal commissions act and the title III act were both made regulate and oversee the use of our technological devices. The FCA was made to help regulate and oversee the telephone, telegraphs, television, and radio communications. They basically act like a “traffic cop” because they determine what can be published

Federal authorities enforce federal laws and grant regulatory agencies the power to enforce them. These agencies have developed guidelines and policies to control the advertising industry. The major regulatory agency for the advertising market is the Federal trade commission . Initially, the FTC was created to prevent unfair methods of competition in commerce. However, recently the FTC’s activities have shifted to the consumers protection. The FTC’s duties are performed mainly by its Bureau of Consumer Protection. Which protects consumers against unfair, deceptive, or fraudulent practices in the marketplace and helps companies understand and comply with the law. The FTC especially focuses on the regulation of advertising to children,

Antitrust law in the United States is a collection of federal and state government laws regulating the conduct and organization of business corporations with the intent to promote fair competition in an open-market economy for the benefit of the public. Congress passed the first antitrust statute, the Sherman Antitrust Act, in 1890 in response to the public outrage toward big business. In 1914, Congress passed two additional antitrust laws: the Federal Trade Commission Act and the Clayton Act. (The Antitrust Laws. Web.)

The purpose of antitrust laws is to both promote and protect competition. They aren’t designed to go after big companies simply because they are bigger or more successful than others in their industry. They aren’t anti-market or anti-business. They are intended to be just the opposite, in fact. They are meant to promote successful market economics through the assurance of healthy competition while keeping abuses of the system in check that could overrun the market.

The Federal Trade Commission and Department of Justice oversee the national enforcement. Each of these agencies also has special departments dealing with different aspects of the law. Some of these include the divisions for Advertising Practices, Enforcement, and Planning and Information.

Throughout the years the United States has faced many challenges with equal employment opportunities for everyone. The United States has developed The Equal Employment Opportunity Commission, also known as the EEOC, to enforce laws that help prevent everyone from being treated unfairly when it comes to employment options. The EEOC has established stipulations and overlooks all of the federal equal employment opportunity regulations, practices and policies (“Federal Laws Prohibiting Job Discrimination Questions and Answers”). Some laws that have been passed are the Equal Pay Act of 1963, Title VII of the Civil Rights Act of 1964 and Age Discrimination in Employment Act of 1967. Although some discrimination is still a problem, all of these

The US government establishes a Nuclear Regulatory Commission agency whose task is to regulate the storage, security, and disposal of spent fuels and the like. The four government agencies that involve in the management and