Seal of the Federal Trade Commission | |
Flag of the Federal Trade Commission | |
| Agency overview | |
|---|---|
| Formed | September 26, 1914 |
| Preceding agency |
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| Jurisdiction | United States |
| Headquarters | Federal Trade Commission Building Washington, D.C. |
| Employees | 1,131 (December 2011) |
| Annual budget | $311 million (FY 2019) |
| Agency executives |
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| Website | www |
| Footnotes | |
The Federal Trade Commission (FTC) is an independent agency of the United States government. They focus on the enforcement of civil (non-criminal) U.S. antitrust law and the promotion of consumer protection.
The Commission is headed by five Commissioners, each serving a seven-year term. Commissioners are nominated by the President and confirmed by the Senate. No more than three Commissioners can be of the same political party.
The President chooses one Commissioner to act as Chairman.