‘Buyer beware’: how the Federal Trade Commission redefined the word ‘free’
Last month marked the hundredth anniversary of the Federal Trade Commission, the regulatory agency that looks after consumer interests by enforcing truth in advertising laws. Established by the Federal Trade Commission Act of 1914 and signed into law by President Woodrow Wilson, the FTC opened its doors in March 16 of 2015, taking the place of the older Bureau of Corporations.