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 Oklahoma, as in all states, 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, preventing anticompetitive, deceptive, and unfair business practices. It does not create state statutes but works within the framework of federal law. The FTC's jurisdiction spans various economic sectors, and it engages in law enforcement actions against businesses that violate these laws. Additionally, the FTC provides guidance to both federal and state legislatures, including those in Oklahoma, and collaborates with government agencies at all levels. The agency also focuses on policy development, research, and education, offering resources to help consumers and businesses understand their rights and responsibilities. The FTC's efforts in Oklahoma are supported by its regional offices, which help address local and regional issues related to consumer protection and competition.