trade regulation

Fair Trade Laws

Definition from Nolo’s Plain-English Law DictionaryState laws that permitted manufacturers or producers to set minimum rates for the resale of the product. They have been repealed in most states.

Definition provided by Nolo’s Plain-English Law...

False Claims Act

Definition

Federal statute setting criminal and civil penalties for falsely billing the government, over-representing the amount of a delivered product, or under-stating an obligation to the government. The False Claims Act may be enforced...

Family Smoking Prevention and Tobacco Control Act of 2009

Definition from Nolo’s Plain-English Law Dictionary

A federal law that gives the U.S. Food and Drug Administration (FDA) the power to regulate the contents of tobacco products, disclose the ingredients of these products, and prohibit marketing campaigns...

Federal Trade Commission

The Federal Trade Commission is an independent federal agency established by Congress. The FTC is led by five appointed commissioners, and is separated into two different bureaus: the bureau of consumer protection, which focuses on consumer fraud and...

Federal Trade Commission (FTC)

Definition from Nolo’s Plain-English Law DictionaryA federal government agency established to regulate business practices and enforce antitrust laws. The FTC often shows up in the news when big businesses attempt to merge, but it also plays a role in...

Foreign Direct Investment

Foreign Direct Investment: An Overview

The International Monetary Fund (“IMF”) defines foreign direct investment (“FDI”) as a “cross-border investment” in which an investor that is “resident in one economy [has] control or a...

Free Trade

Economic ideology that advocates international trade without tariffs or discrimination by governments against imported products. NAFTA and the WTO are examples of treaties that seek to translate free trade ideals into practical legal rules.

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FTC

An abbreviation for Federal Trade Commission

Gibbons v. Ogden (1824)

Definition

A Supreme Court case that adopted an expansive view of the scope of the Commerce Clause of the Constitution by holding that Congress had the power to regulate interstate commerce. The case involved the right of competing ferry services...

Mail or Telephone Order Rule

Definition from Nolo’s Plain-English Law DictionaryA Federal Trade Commission rule that requires a seller to ship goods ordered by mail, phone, computer, or fax to a customer within the time promised or, if no time was stated, within 30 days. If the...

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