The Federal Trade Commission (FTC) seeks to protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education.
The FTC is the only federal agency with both consumer protection and competition jurisdiction in broad sectors of the economy. The FTC pursues vigorous and effective law enforcement; advances consumers’ interests by sharing its expertise with federal and state legislatures and U.S. and international government agencies; develops policy and research tools through hearings, workshops, and conferences; and creates practical and plain-language educational programs for consumers and businesses in a global marketplace with constantly changing technologies. FTC’s work is performed by the Bureaus of Consumer Protection, Competition, and Economics. That work is aided by the Office of General Counsel and seven regional offices.
In Michigan, the Federal Trade Commission (FTC) plays a crucial role in protecting consumers and ensuring fair competition. The FTC enforces federal consumer protection and antitrust laws, targeting deceptive, unfair, and anticompetitive business practices. While Michigan has its own consumer protection statutes, the FTC's regulations and enforcement actions have a significant impact within the state. The FTC's Bureau of Consumer Protection focuses on stopping fraudulent, deceptive, and unfair business practices by investigating complaints and conducting outreach. The Bureau of Competition works to prevent antitrust violations and maintain competitive markets. The Bureau of Economics helps evaluate the economic impact of its actions. The FTC also collaborates with Michigan state agencies to enforce laws and educate consumers and businesses about their rights and responsibilities. The FTC's regional offices may also play a role in addressing local issues. Michigan businesses and consumers benefit from the FTC's efforts to promote a fair and competitive marketplace.