Federal Trade Commission, the US government agency responsible for consumer protection and antitrust enforcement.
Acronym formed from Federal Trade Commission, established in 1914. 'Federal' from Latin 'foedus' (treaty, compact), 'Trade' from Middle Low German 'trade' (track, course), 'Commission' from Latin 'committere' (to entrust).
The FTC represents a fascinating evolution in American governance - created during the Progressive Era when the government first seriously tackled corporate monopolies and consumer fraud. Its acronym has become so embedded in business culture that 'FTC guidelines' and 'FTC disclosure' are standard terms in marketing and advertising.
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