Competition Policy

Federal Trade Commission: Championing Fair Trade
The Federal Trade Commission (FTC) is a U.S. federal agency tasked with the mission of maintaining competition and protecting consumers. It prevents anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education.
Market Definition: Understanding Market Boundaries and Competition
Market definition is the process of identifying the firms, consumers, and products that constitute a specific market, serving as a framework for competition policy and market power analysis.
Office of Fair Trading (OFT): History and Functions
The Office of Fair Trading (OFT) was the UK government body responsible for administering competition policy from 1973 until 2014. It regulated restrictive agreements, anti-competitive practices, and consumer credit.

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