...COMPETITIVE PROCEDURAL REXJUIBEMK-.T THERETOFORE SET UP — EFFECT. Under the Wheeler-Lea Act provision that unfair methods of competition in commerce, and...unfair or deceptive acts or practices in commerce, are hereby declared unlawful, the failure to mention competition in the later phrase manifests a legislative...

...practices in commerce in enforcement of the Federal Trade Commission Act in which Congress has declared that "unfair methods of competition in commerce, and...deceptive acts or practices in commerce" are unlawful, and has conferred upon the Commission authority to act in prevention of such unlawful practices and...

...Federal Trade Commission Act. The important part of that act is section 5. Very briefly, it states that unfair methods of competition in commerce and...unfair or deceptive acts or practices in commerce are declared unlawful. One of the reasons for the enactment of the Federal Trade Commission Act, particularly...

...Federal Trade Commission Act, which expressly provided in section (a) which HR 5767 seeks to amend, that— "Unfair methods of competition in commerce,...unfair or deceptive acts or practices in commerce, are hereby declared unlawful." And that, "The Commission is hereby empowered and directed to prevent persons,...

...respect it is further significant to note that the declaration in section 5(a) (1 ) of HR, 1233 which declares that : "Unfair methods of competition in...unfair or deceptive acts or practices in commerce, are hereby declared unlawful," and that, "The Commission is hereby empowered and directed to prevent persons,...

...follows: HR 1253 amends sec. 5 of the Federal Trade Commission Act. Sec. 5(a)(l) of this act states that "Unfair methods of competition in commerce and...unfair or deceptive acts or practices in commerce are hereby declared unlawful." This section further provides that the Federal Trade Commission "is hereby...

...competition between business concerns and (2) deception of the public by business firms. Section 5 states that "Unfair methods of competition in commerce, and...unfair or deceptive acts or practices in commerce, are hereby declared unlawful." As originally enacted, in 1914, the law prohibited only unfair methods of...

...legislation jurisdiction. Section 5 of the Federal Trade Commission Act, 15 USC Section 45, provides that: "Unfair methods of competition in commerce,...unfair or deceptive acts or practices in commerce, are hereby declared unlawful." The Commission has power to enforce this section through the issuance of...

...implementing the basic philosophy of such laws by amending the Federal Trade Commission Act to provide that "unfair methods of competition in commerce, and...unfair or deceptive acts or practices in commerce are declared unlawful." In other words Congress by this measure recognizes that predatory loss-leader selling...

...provisions commits "unfair acts of competition." The Federal Trade Commission Act specifically provides that "unfair methods of competition in commerce, and...unfair or deceptive acts or practices in commerce" are declared unlawful and the Federal Trade Commission is given the mandate under this act to issue cease-and-desist...