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Federal trade commission -march 29, 2003

History of Free Market Economy regulated by FTC.

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March 29, 2003 Genard Hajdini 1
Federal Trade Commission
By
Genard Hajdini
MPP 615
Regent University
March 29, 2003 Genard Hajdini 2
History
• Federal Trade Commission (FTC) was founded
in September 26, 1914.
• The main role of FTC is to promote competition
and consumer protection in the United States
and support free market economy.
• FTC employs 1000 staff, including over 500
attorneys and 70 economists.
March 29, 2003 Genard Hajdini 3
Mission
• The main mission of FTC is three fold:
a) Statutes that promote both competition and consumer
protection.
b) Statutes that relate principally to the competition mission.
c) Statutes that relate to consumer protection mission.
(Source: http://www.ftc.gov/ogc/stats.htm )
March 29, 2003 Genard Hajdini 4
Organizational Chart
O ffic e o f P u b lic
A ffa ir s
O ffic e
o f C o n g r e s s io n a l
R e la t io n s
A d m in is t r a t iv e
S e r v ic e s
O ffic e
F in a n c ia l
M a n a g e m e n t
O ffic e
H R
M a n a g e m e n t
O ffic e
I T
M a n a g e m e n t
O ffic e
O ffic e o f t h e
E x e c u t iv e
D ir e c t o r
O ffic e o f t h e
G e n e r a l
C o u n s e l
O ffic e o f t h e
S e c r e t a r y
A d m in is t r a t iv e
L a w
J u d g e s
O ffic e o f t h e
I n s p e c t o r
G e n e r a l
C o n s u m e r
P r o t e c t io n
C o m p e t it io n E c o n o m ic s
B u r e a u R e g io n a l
O ffic e s
( S e v e n )
T h e C o m m is s io n
C h a ir m a n
a n d
F o u r C o m m is s io n e r s
March 29, 2003 Genard Hajdini 5
The Commission
• Made of five members (chairman plus four commissioners).
• They serve for seven years each.
• Chairman of Commission is Timothy J. Muris
• Commissioners make policy decisions concerning domestic
trade issues and oversee the rest of the organization (FTC).
• They meet in Washington, D. C. as decreed by title 15,
chapter 12, subchapter 1, section 43.
(Source: http://www4.law.cornell.edu/uscode/15/43.html)
March 29, 2003 Genard Hajdini 6
Office of Public Affairs
• It provides information to the public through the
media.
• It issues news releases on all significant
commission actions, responds to reporters inquires
and arranges television, radio, and print interviews
for FTC officials.
• OPA issues a Weekly Calendar of Commission
events and a Weekly Summary of press releases.

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Federal trade commission -march 29, 2003

  • 1. March 29, 2003 Genard Hajdini 1 Federal Trade Commission By Genard Hajdini MPP 615 Regent University
  • 2. March 29, 2003 Genard Hajdini 2 History • Federal Trade Commission (FTC) was founded in September 26, 1914. • The main role of FTC is to promote competition and consumer protection in the United States and support free market economy. • FTC employs 1000 staff, including over 500 attorneys and 70 economists.
  • 3. March 29, 2003 Genard Hajdini 3 Mission • The main mission of FTC is three fold: a) Statutes that promote both competition and consumer protection. b) Statutes that relate principally to the competition mission. c) Statutes that relate to consumer protection mission. (Source: http://www.ftc.gov/ogc/stats.htm )
  • 4. March 29, 2003 Genard Hajdini 4 Organizational Chart O ffic e o f P u b lic A ffa ir s O ffic e o f C o n g r e s s io n a l R e la t io n s A d m in is t r a t iv e S e r v ic e s O ffic e F in a n c ia l M a n a g e m e n t O ffic e H R M a n a g e m e n t O ffic e I T M a n a g e m e n t O ffic e O ffic e o f t h e E x e c u t iv e D ir e c t o r O ffic e o f t h e G e n e r a l C o u n s e l O ffic e o f t h e S e c r e t a r y A d m in is t r a t iv e L a w J u d g e s O ffic e o f t h e I n s p e c t o r G e n e r a l C o n s u m e r P r o t e c t io n C o m p e t it io n E c o n o m ic s B u r e a u R e g io n a l O ffic e s ( S e v e n ) T h e C o m m is s io n C h a ir m a n a n d F o u r C o m m is s io n e r s
  • 5. March 29, 2003 Genard Hajdini 5 The Commission • Made of five members (chairman plus four commissioners). • They serve for seven years each. • Chairman of Commission is Timothy J. Muris • Commissioners make policy decisions concerning domestic trade issues and oversee the rest of the organization (FTC). • They meet in Washington, D. C. as decreed by title 15, chapter 12, subchapter 1, section 43. (Source: http://www4.law.cornell.edu/uscode/15/43.html)
  • 6. March 29, 2003 Genard Hajdini 6 Office of Public Affairs • It provides information to the public through the media. • It issues news releases on all significant commission actions, responds to reporters inquires and arranges television, radio, and print interviews for FTC officials. • OPA issues a Weekly Calendar of Commission events and a Weekly Summary of press releases.
  • 7. March 29, 2003 Genard Hajdini 7 Office of Congressional Relations • It works closely with members of Congress and their staffs. • The office informs Commissioners and FTC staff of Capitol Hill issues and policies and helps provide information on legislation of interest to the Commission. • It also coordinates preparation for Congressional testimony and responses to Congressional inquires concerning FTC policies and programs.
  • 8. March 29, 2003 Genard Hajdini 8 Office of Executive Director • Executive Director is FTC’s chief operating officer responsible for: administrative services, financial management & procurement, human resources management, information and technology management. • Oversees overall FTC program and policy execution. • He/she works closely with the bureaus on strategic planning and assessing the management and resource implications of any proposed action.
  • 9. March 29, 2003 Genard Hajdini 9 Office of General Counsel • The General Counsel is the FTC’s chief legal officer and adviser. • The Office’s major functions are representing the Commission in court and providing legal counsel to the Commission, operating bureaus, and other offices. • The Office also handles all requests for information under the Freedom of Information Act.
  • 10. March 29, 2003 Genard Hajdini 10 Office of the Secretary • The Secretary is the Commission’s “court clerk”; responsible for implementing the Commission’s voting procedures, creating official records of its decisions. • It receives and serves orders and other official documents, and coordinates the preparation of responses to congressional constituent inquiries.
  • 11. March 29, 2003 Genard Hajdini 11 Office of Inspector General • It acts as the “agency cop” and as such is responsible for the detection and prevention of waste, fraud and abuse in agency programs. • The Inspector General conducts audits and investigates allegations of wrongdoing within the agency.
  • 12. March 29, 2003 Genard Hajdini 12 Regional Offices Northwest Western Midwest Southwest Southeast East Central Northeast