The most important job of the Federal Trade Commission today is to __________.(LO3) a) prevent false and deceptive advertising b) break up unlawful trusts c) issue cease-and-desist orders when anticompetitive business practices occur d) promote commerce with foreign nations

Short Answer

Expert verified
c) issue cease-and-desist orders when anticompetitive business practices occur

Step by step solution

01

Understand the Federal Trade Commission's role

The Federal Trade Commission (FTC) is an independent agency of the United States government that promotes consumer protection and enforces antitrust laws to protect and promote competitive business practices in the market.
02

Analyze the given choices

a) prevent false and deceptive advertising: The FTC does have a role in preventing false and deceptive advertising to protect consumers from being misled by fraudulent companies. This is an important part of the FTC's job, but we have to look at the other options before drawing a conclusion. b) break up unlawful trusts: Breaking up unlawful trusts is a key part of the FTC's antitrust enforcement. However, this also can be viewed as a part of preventing anticompetitive business practices as a whole, so let's consider the other options. c) issue cease-and-desist orders when anticompetitive business practices occur: One of the main objectives of the FTC is to promote fair competition in the marketplace by enforcing antitrust laws. Issuing cease-and-desist orders is one of the ways the FTC can stop anticompetitive business practices. This could be considered the most important job of the FTC, but let's check the last option. d) promote commerce with foreign nations: The FTC's focus is primarily on consumer protection and enforcing antitrust laws within the United States. While the FTC does engage in some international cooperation and participates in promoting global competition, its main focus remains domestically. This option is less likely to be the most important job of the FTC today.
03

Choose the correct answer

After analyzing each option, the most important job of the Federal Trade Commission today is: c) issue cease-and-desist orders when anticompetitive business practices occur This is because promoting fair competition in the marketplace by enforcing antitrust laws is the primary objective of the FTC, and issuing cease-and-desist orders is a key method in accomplishing this goal.

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