What is the primary role of the Federal Trade Commission? Should the government be in the business of regulating the safety of all products sold to consumers? If not, how should the government...

Running Head: BUSINESS LAW                                1
BUSINESS LAW                                        2
BUSINESS LAW
Table of Contents
Federal Trade Commission    3
Regulating the Safety of Products    3
Products to Regulate    3
Paying for Regulations    3
Deceptive Advertising    3
References    5
Federal Trade Commission
The primary role of the Federal Trade Commission is to protect the consumers’ rights and competition. It aims to prevent deceptive and unfair business through enforcement of laws and educating people about it. It reduces the burden on the legitimate business activity (Federal Trade Commission Protecting America’s Consumers, 2022).
Regulating the Safety of Products
The government should be in the business of regulating the safety of all products sold to consumers to reduce the corruption. As mentioned by Campbell and Grimm (2019), this would reduce the consumer harm through the products bought. There are also some limitations if the government...