The Government and the Market Place: An Evaluation of the FTC

“The Government and the Market Place: An Evaluation of the FTC” is a critical political and historical analysis of the Federal Trade Commission. It explores the initial reasons for the regulatory agency and then provides an, in-depth study of its legislative history and the subsequent powers Congress provided for the FTC’s operation. Although the Federal Trade Commission occasionally receives favorable headlines, the authors contend that the agency is politically motivated and business oriented. The reasons for the failure of the FTC are assessed and a constructive solution is offered. Reports by the second Hoover Commission, James Landis, the American Bar Association and Roy Ash-as well as others-are cited to support the authors’ thesis that the FTC should be abolished and reorganized along the lines suggested by the President’s Commission on Executive Reorganization. The article is well researched employing government documents and the most recent articles and books on the FTC.