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41 Geo. Wash. L. Rev. 407 (1972-1973)
Federal Trade Commission and Incipient Unfairness

handle is hein.journals/gwlr41 and id is 419 raw text is: The Federal Trade Commission and
Incipient Unfairness
A. EVERETTE MAcINTYRE*
JOACHIM J. VOLHARD**
The history of the Federal Trade Commission is the story of the
unfolding of a procedure and enforcement thereunder within
the framework of an Act which gave extraordinary latitude to
men who were just as human and normal as beings should be.
Hence the wave-like advancement and recession in interpre-
tation and enforcement of the Act.1
Introduction
The Federal Trade Commission is now 59 years old, has had 48 Com-
missioners, has initiated countless proceedings and has had a pro-
found effect on the American economy. It is one of the smallest of
the agencies (with annual appropriations of $380,000 in fiscal 1916
and slightly mere than $30 million in fiscal 1973) ,2 but its responsi-
bility is to keep competition, in a free enterprise system that has
produced a Gross National Product in excess of $1 trillion, free and
fair. Almost since its inception, the FTC has been attacked as inef-
fective, inefficient, incompetent, and unfair. This criticism has come
* Commissioner, Federal Trade Commission; A.B., University of North
Carolina, 1926; L.L.B., George Washington University Law School, 1929.
** Attorney, Federal Trade Commission; B.A., Georgetown University,
1960; J.D., Georgetown University Law Center, 1963.
1. Thompson, Highlights in the Evolution of the Federal Trade Commis-
sion, 8 GEo. WASH. L. REY. 257, 261 (1940).
2. See 1916 FTC ANN. REP. 62; BUDGET OF THE UNITED STATES Gov'T-
FMscAL YEAR 1973, H.R. Doc. No. 215, 92d Cong., 2d Sess. 435 (1972).
March 1973 Vol. 41 No. 3

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