Protecting American Citizen
Our history
The Federal Trade Commission was created on September 26, 1914, when President Woodrow Wilson signed the Federal Trade Commission Act into law. The FTC opened its doors on March 16, 1915. Our mission is to protect consumers and promote competition. Under legislation sought by President Theodore Roosevelt, the FTC’s predecessor, the Bureau of Corporations, was created on February 14, 1903. To commemorate the 100th anniversary of that event, the Bureau of Economics held a roundtable on September 4, 2003. View more information about the Roundtable with Former Directors of the Bureau of Economics.
Centennial Celebration
The FTC celebrated its 100th anniversary in 2015 by reflecting on our unique mission, significant events in Commission history, and its staff, stakeholders and constituents – present and past. On January 12, 2015, President Barack Obama visited the Commission, the first presidential visit to the Commission since 1937.
Bureaus
The Bureau of Competition seeks to prevent anticompetitive mergers and other anticompetitive business practices in the marketplace. By enforcing the antitrust laws, the Bureau promotes competition and protects consumers’ freedom to choose goods and services in an open marketplace at a price and quality that fit their needs.
