an independent agency of the United States federal government that maintains fair and free competition; enforces federal antitrust laws; educates the public about identity theft
the Federal Trade Commission a US government organization that is responsible for making sure that trade between companies and their customers is fair. If two companies plan to MERGE (= join together to become a single large company), the FTC finds out whether this arrangement will be unfair to other companies or to customers in general. There is a similar organization in the UK called the MONOPOLIES AND MERGERS COMMISSION .