The ftcs bureau of consumer protection stops unfair deceptive and fraudulent business practices by collecting complaints and conducting investigations suing companies and people that break the law developing rules to maintain a fair marketplace and educating consumers and businesses about their rights and responsibilities. Consumer protection laws by cara oneill attorney its frustrating to fall victim to an unscrupulous scam or to be taken advantage of by a large corporation fortunately you have recourse consumer laws protect the average citizen by requiring products and services purchased in the marketplace to be safe and transacted in a fair manner. The federal trade commission act ftca first enacted in 1914 is an important federal consumer protection statute it created the federal trade commission ftc which is charged with enforcing antitrust statutes and promoting consumer protection. Consumer rights and consumer protection law provides a way for individuals to fight back against abusive business practices these laws are designed to hold sellers of goods and services accountable when they seek to profit by taking advantage of a consumers lack of information or bargaining power
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