Question

1. Discuss the role of the agency.
2. Present arguments for and against its role in the regulation of business.

Answer 1

Role of federal sales commission

• It promotes consumer protection.The federal sales commission investigates issues raised by reports from consumers and businesses,premerger notification filings,congressional inquiries or reports in the media.These issues may include false false advertising and other forms of fraud.If investigations conducted reveal unlawful conduct,then the federal sales commission seek voluntary compliance by offering business through a consent order file an administrative complaint and initiate federal litigation.
• Elimination and prevention of anti competitive business business practices.Federal sales commission has the power to investigate and prevent deceptive trade practices.It has authority over unfair methods of competition between business.

The federal sales commission is important because;

1. It levels the business competition ground by preventing unfair business practices.This is achieved through prohibits against price discrimination,vertical arrangements,interlocking directorates and stock acquisition.
2. Its strict regulations may interfere with the freedom of doing business.The fear of being involved in some of the malpractices under consideration by the commission may render some business ineffective.