Get Decision Of September 21, 2001 The Official Website Of The Office Of Consumer Affairs &amp

The FTC's Bureau of Consumer Protection stops unfair, deceptive or fraudulent practices in the marketplace. BCP conducts investigations, sues companies and people that violate the law, develops rules to ensure a vibrant marketplace, and educates consumers and businesses about their rights and responsibilities.

Every year the FTC brings hundreds of cases against individuals and companies for violating consumer protection and competition laws that the agency enforces. These cases can involve fraud, scams, identity theft, false advertising, privacy violations, anti-competitive behavior and more.

As the nation's consumer protection agency, the FTC takes reports about scammers that cheat people out of money and businesses that don't make good on their promises. We share these reports with our law enforcement partners and use them to investigate fraud and eliminate unfair business practices.

Consumer rights are consumer protections that encourage businesses to produce products and services that will be beneficial and safe for consumers. In this lesson, we will identify and discuss the five major rights of consumers: safety, information, choice, voice, and redress.

States use agencies and statutes to enforce consumer protection and may expand on federal laws, with some being more pro-consumer than others. In finance, consumer protection laws seek to prevent predatory lending, housing discrimination, securities fraud, privacy violations, and other unethical practices.

Select federal consumer protection statutes, which apply nationwide, include the Federal Trade Commission Act (“FTC Act”), the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”), the Gramm-Leach-Bliley Act (“GLB Act”), the Truth in Lending Act (“TILA”), the Fair Credit Reporting Act (“FCRA”), ...

Types of Consumer Protection Agencies The National Highway Traffic Safety Administration (NHTSA) ensures vehicle safety standards. The Consumer Product Safety Commission (CPSC) addresses product safety hazards and recalls. The Food and Drug Administration (FDA) monitors and regulates food and drug safety.