Federal Trade Commission Act
![Frame of an animation by the Federal Trade Commission intended to educate citizens about phishing[3] tactics.](/Images/godic/202501/12/Phish3952.jpg")
The Federal Trade Commission Act of 1914 established the Federal Trade Commission. The Act, signed into law by Woodrow Wilson in 1913, outlaws unfair methods of competition and to outlaw unfair acts or practices that affect commerce.