The Wheeler–Lea Act of 1938 is a United Statesfederal law that amended Section 5 of the Federal Trade Commission Act to proscribe "unfair or deceptive acts or practices" as well as "unfair methods of competition."[1] It provided civil penalties for violations of Section 5 orders.[1] It also added a clause to Section 5 that stated "unfair or deceptive acts or practices in commerce are hereby declared unlawful" to the Section 5 prohibition of unfair methods of competition in order to protect consumers as well as competition.[2]
Until this amendment was passed, the Federal Trade Commission could only restrict practices that were unfair to competitors. This broadened the FTC's powers to include protection for consumers from false advertising practices.[3]
Referencesedit
^ ab. Archived from the original on 2011-07-21. Retrieved 2011-02-20.
^Handler, Milton (1939). "The Control of False Advertising under the Wheeler-Lea Act". Law and Contemporary Problems. JSTOR. 6 (1): 91–110. doi:10.2307/1189730. JSTOR 1189730.
^"The Wheeler-Lea Act". Federal Trade Commission. 26 June 2015.
This United States federal legislation article is a stub. You can help Wikipedia by expanding it.
wheeler, 1938, united, states, federal, that, amended, section, federal, trade, commission, proscribe, unfair, deceptive, acts, practices, well, unfair, methods, competition, provided, civil, penalties, violations, section, orders, also, added, clause, section. The Wheeler Lea Act of 1938 is a United States federal law that amended Section 5 of the Federal Trade Commission Act to proscribe unfair or deceptive acts or practices as well as unfair methods of competition 1 It provided civil penalties for violations of Section 5 orders 1 It also added a clause to Section 5 that stated unfair or deceptive acts or practices in commerce are hereby declared unlawful to the Section 5 prohibition of unfair methods of competition in order to protect consumers as well as competition 2 Until this amendment was passed the Federal Trade Commission could only restrict practices that were unfair to competitors This broadened the FTC s powers to include protection for consumers from false advertising practices 3 References edit a b Federal Trade Commission FTC Turns 100 Archived from the original on 2011 07 21 Retrieved 2011 02 20 Handler Milton 1939 The Control of False Advertising under the Wheeler Lea Act Law and Contemporary Problems JSTOR 6 1 91 110 doi 10 2307 1189730 JSTOR 1189730 The Wheeler Lea Act Federal Trade Commission 26 June 2015 nbsp This United States federal legislation article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Wheeler Lea Act amp oldid 1149738132, wikipedia, wiki, book, books, library,
