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Federal Trade Commission
[ fed-er-uhl treyd kuh-mish-uhn ]
noun
- U.S. Government. an independent regulatory and quasi-judicial body of five members established to protect consumers and businesses by preventing unfair trade practices, as false or misleading advertising, price fixing, etc. : FTC
Federal Trade Commission
- A federal agency charged with enforcing antitrust legislation and preventing false advertising, among other duties.
Example Sentences
The Federal Trade Commission released a report Thursday slamming social media platforms including Facebook’s parent company, Meta, as well as TikTok, Google-owned YouTube, Snap and other online services over privacy and youth safety concerns.
Hoffman’s specific ask was to have Harris fire Federal Trade Commission Chair Lina Khan, who has been hawkish on antitrust enforcement.
Some tech industry observers expect that Trump will name a new Federal Trade Commission chair, pushing Lina Khan out of the role.
Hoffman drew criticism in July for calling for Harris to oust Federal Trade Commission Chairwoman Lina Khan, who has brought antitrust cases against Big Tech and introduced rules to protect workers.
Several, including Hoffman and Mark Cuban, have been pressuring Harris to fire the aggressive antitrust advocate Lina Khan as chair of the Federal Trade Commission if Harris wins the election.
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