The government agency that has the authority to impose penalties against advertisers who violate federal standards for truthful advertising is the ________.
Question
The government agency that has the authority to impose penalties against advertisers who violate federal standards for truthful advertising is the ________.
Solution
The government agency that has the authority to impose penalties against advertisers who violate federal standards for truthful advertising is the Federal Trade Commission (FTC). The FTC is responsible for enforcing laws against deceptive advertisements and unfair business practices. This includes monitoring advertising claims, ensuring that advertisements are not misleading, and taking action against companies that fail to comply with established truthful advertising standards. The agency also provides guidance to businesses on how to comply with the law, which helps maintain fair competition and protect consumers from false claims that could mislead them regarding products and services. Through these efforts, the FTC plays a crucial role in maintaining the integrity of the advertising industry.
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