What is the job of the Federal Trade Commission? Would you believe it if someone told you that one of their jobs was to advocate for competition before the courts and other government entities.

It makes sense that someone ought to stand up for the fundamentals of free enterprise and free markets, yet the FTC? Why, as it appears to me that all they do is attack businesses to gain fees and fines to supplement their yearly budgets.

Recently the FTC has put into an official US Congressional report and budget request that this advocating endeavor at the FTC and pro-competition stance was among other reasons a point in favor of an increased 2007 FY budget for the agency. The Federal Trade Commission stated in the official report;

Advocating for Competition before the Courts and Other Government Entities.