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Federal Trade Commission
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust law enforcement with the Department of Justice Antitrust Division. The agency is headquartered in the Federal Trade Commission Building in Washington, DC. The FTC was established in 1914 with the passage of the Federal Trade Commission Act, signed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act, a key antitrust statute, as well as the provisions of the FTC Act, et seq. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promulgated a number of regulations (codified in Title 16 of the Code of Federal Regulations). The broad statutory authority granted to the FTC provid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Trade Commission Act Of 1914
The Federal Trade Commission Act of 1914 was a United States federal law which established the Federal Trade Commission. The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts or practices that affect commerce. Background The inspiration and motivation for this act started in 1890, when the Sherman Antitrust Act was passed. There was a strong antitrust movement to prevent manufacturers from joining price-fixing cartels. After '' Northern Securities Co. v. United States'', a 1904 case that dismantled a J. P. Morgan company, antitrust enforcement became institutionalized. Soon, US President Theodore Roosevelt created the Bureau of Corporations, an agency that reported on the economy and businesses in the industry. The agency was the predecessor to the Federal Trade Commission. In 1913, President Wilson expanded on the agency by passing the Federal Trade Commissions Act and the Clayton Antitrust Act. The Federa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bureau Of Corporations
The Bureau of Corporations, predecessor to the Federal Trade Commission, was created as an investigatory agency within the Department of Commerce and Labor in the United States. The Bureau and the Department were created by Congress on February 14, 1903, during the Progressive Era. The main role of the Bureau was to study and report on industry, looking especially for monopolistic practices. Its 1906 report on petroleum transportation made recommendations that became part of the Hepburn Act of 1906, and was used when the Justice Department successfully prosecuted and broke up Standard Oil in 1911. In 1912 the Bureau issued a report on the development of water power in the United States, including its ownership or control, and fundamental economic principles involved in utilization of this new and rapidly growing energy source. The report noted an increasing concentration of ownership and control of widely separated waterpower developments in the hands of a few; a substantial inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dick Thompson Morgan
Dick Thompson Morgan (December 6, 1853 – July 4, 1920) was a United States House of Representatives, U.S. Representative from Oklahoma. Early life and education Born at Prairie Creek, Indiana, a few miles southwest of Terre Haute, Indiana, Morgan attended the country schools and the Prairie Creek High School. In 1876 he received a bachelor's degree and in 1878 a master's degree both from Union Christian College, Merom, Indiana. He became a professor of mathematics in that college. He then graduated from Central Law School, Indianapolis, Indiana, in 1880. Career Morgan was admitted to the bar in 1880 and commenced practice in Terre Haute, Indiana. Morgan served as member of the Illinois House of Representatives in 1880 and 1881. He was appointed register of the United States land office at Woodward, Oklahoma, Woodward in Oklahoma Territory, by President Theodore Roosevelt in 1904 and served until May 1, 1908. Morgan was elected as a Republican Party (United States), Republi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ada Brown (judge)
Ada Elene Brown (born November 8, 1974) is a United States district judge of the United States District Court for the Northern District of Texas. She is a former trial judge of the Dallas County courts and a former Justice of the Fifth Court of Appeals of Texas. She is the first African-American woman federal judge nominated by President Donald Trump and confirmed by the Senate. She is also the first African American woman to sit as a federal judge in the 140- year-history of the Northern District of Texas. A citizen of the Choctaw Nation, Brown is also one of six actively serving Native American federal judges of 673 federal district court judges. When appointed to the federal bench, Brown became the only woman judge in the 233-year history of the Choctaw Nation to serve as a federal judge. Early life and education Ada Elene Brown was born on November 8, 1974, in Oklahoma City, Oklahoma. She graduated as a valedictorian of her high school class, where she was elected bot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-compete Clauses In The United States
The majority of U.S. states recognize and enforce various forms of non-compete agreements. A few states, such as California, North Dakota, and Oklahoma, totally ban noncompete agreements for employees, or prohibit all noncompete agreements except in limited circumstances. Prevalence and status Data from 2018 indicates that non-compete clauses cover 18 percent of American labor force participants. A 2023 petition to the FTC to ban non-compete agreements estimated that about 30 million workers (about 20% of all U.S. workers) were subject to a noncompete clause. While higher-wage workers are comparatively more likely to be covered by non-compete clauses, non-competes covered 14 percent of workers without college degrees in 2018. By some estimates, nearly half of all technical workers are covered by non-compete agreements. Federal law In March 2019, Democratic officials, labor unions, and workers' advocacy groups urged the U.S. FTC to ban non-compete clauses. A petition to the FT ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Project 2025
Project 2025, also known as the 2025 Presidential Transition Project, is an initiative organized by the Heritage Foundation with the aim of promoting a collection of conservative and right-wing policy proposals to reshape the United States federal government and consolidate executive power should Donald Trump win the 2024 presidential election. The Project asserts that the entire executive branch is under the direct control of the president under the unitary executive theory. It proposes reclassifying tens of thousands of federal civil service workers as political appointees, in order to replace them with people loyal to the president. In doing so, proponents argue that the change would dismantle what they view as a vast, unaccountable, and mostly liberal government bureaucracy. The Project seeks to infuse the government and society with conservative Christian values. Critics have characterized Project 2025 as an authoritarian, Christian nationalist, and White ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Supreme Court
The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that involve a point of federal law. It also has original jurisdiction over a narrow range of cases, specifically "all Cases affecting Ambassadors, other public Ministers and Consuls, and those in which a State shall be Party." The court holds the power of judicial review, the ability to invalidate a statute for violating a provision of the Constitution. It is also able to strike down presidential directives for violating either the Constitution or statutory law. However, it may act only within the context of a case in an area of law over which it has jurisdiction. The court may decide cases having political overtones, but has ruled that it does not have power to decide non-justiciable political questions. Established by Article Three of the United States C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Funeral Rule
The Funeral Rule, enacted by the Federal Trade Commission on April 30, 1984, and amended effective 1994, was designed to protect consumers by requiring that they receive adequate information concerning the goods and services they may purchase from a funeral provider. All funeral providers must comply with The Funeral Rule. The Funeral Rule defines such terms as, among others, funeral provider, funeral goods and funeral services and specifies various consumer rights, as well as specific parameters in which funeral industry goods and service providers must respect consumer rights and conduct their business. Overview The Funeral Rule defines and provides parameters in the following key subject areas: * Definition of a General Price List, or GPL * Specific disclosures must be provided in writing to the consumer regarding embalming, alternative containers for direct cremation, the basic service fee, the Casket Price List and the Outer Burial Container Price List * Specific misrepresen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Funeral Home
A funeral home, funeral parlor or mortuary, is a business that provides burial and funeral services for the dead and their families. These services may include a prepared wake and funeral, and the provision of a chapel for the funeral. Services Funeral homes arrange services in accordance with the wishes of surviving friends and family, whether immediate next of kin or an executor so named in a legal will. The funeral home often takes care of the necessary paperwork, permits, and other details, such as making arrangements with the cemetery, and providing obituaries to the news media. The funeral business has a history that dates to the age of the Egyptians who mastered the science of preservation. In recent years many funeral homes have started posting obituaries online and use materials submitted by families to create memorial websites. There are certain common types of services in North America. A traditional funeral service consists of a viewing (sometimes referred to as a vis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interlocking Directorate
Interlocking directorate refers to the practice of members of a corporate board of directors serving on the boards of multiple corporations. A person that sits on multiple boards is known as a ''multiple director''.Scott, 1997p. 7/ref> Two firms have a ''direct interlock'' if a director or executive of one firm is also a director of the other, and an ''indirect interlock'' if a director of each sits on the board of a third firm.Salinger, 2005p. 438/ref> This practice, although widespread and lawful, raises questions about the quality and independence of board decisions. In the United States, antitrust law prohibits interlocking directorates within the same industry over collusion concerns, though legal observers have noted that this has long been unenforced. In 2022, the Department of Justice signaled it would enforce laws on anti-competitive interlocking directorates, leading to the resignation of seven directors at five companies in October 2022. Socio-political importance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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