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The Federal Trade Commission (FTC) is an independent agency of the government of the United States, established in 1914 by the Federal Trade Commission Act. Its main mission is to promote the rights of consumers and the elimination and prevention of practices that undermine free competition.
The Federal Trade Commission Act was one of the main acts of the Wilson Administration against the trusts. Trusts and trust-busting were important and significant political issues during the "Progressive Era" (1890-1920). Since its establishment, the FTC has reinforced the provisions of the Clayton Act, an important antitrust statute, as well as the provisions of the FTC Act. Since its establishment, the FTC has strengthened trade regulations through the enactment of statutes and numerous regulations.