Federal Trade Commission in the context of Lyocell


Federal Trade Commission in the context of Lyocell

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⭐ Core Definition: Federal Trade Commission

The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. It shares jurisdiction over federal civil antitrust law enforcement with the Antitrust Division of the U.S. Department of Justice. The FTC is headquartered in the Federal Trade Commission Building in Washington, DC.

The FTC was established in 1914 by the Federal Trade Commission Act, which the U.S. Congress passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act, a key U.S. antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promulgated a number of regulations (codified in Title 16 of the Code of Federal Regulations). The broad statutory authority granted to the FTC provides it with more surveillance and monitoring abilities than it actually uses.

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👉 Federal Trade Commission in the context of Lyocell

Lyocell is a semi-synthetic fibre used to make textiles for clothing and other purposes. It is a form of regenerated cellulose made by dissolving pulp and dry jet-wet spinning. Unlike rayon, which is made by the more common viscose processes, Lyocell production does not use carbon disulfide, which is toxic to workers and the environment. Lyocell was originally trademarked as Tencel in 1992.

"Lyocell" has become a genericised trademark used to refer to the Lyocell process for making cellulose fibres. The United States Federal Trade Commission defines Lyocell as "a fiber composed of cellulose precipitated from an organic solution in which no substitution of the hydroxy groups takes place, and no chemical intermediates are formed". It classifies the fibre as a sub-category of rayon.

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Federal Trade Commission in the context of United States antitrust law

In the United States, antitrust law is a collection of mostly federal laws that govern the conduct and organization of businesses in order to promote economic competition and prevent unjustified monopolies. The three main U.S. antitrust statutes are the Sherman Act of 1890, the Clayton Act of 1914, and the Federal Trade Commission Act of 1914. Section 1 of the Sherman Act prohibits price fixing and the operation of cartels, and prohibits other collusive practices that unreasonably restrain trade. Section 2 of the Sherman Act prohibits monopolization. Section 7 of the Clayton Act restricts the mergers and acquisitions of organizations that may substantially lessen competition or tend to create a monopoly. The Robinson–Patman Act, an amendment to the Clayton Act, prohibits price discrimination.

Federal antitrust laws provide for both civil and criminal enforcement. Civil antitrust enforcement occurs through lawsuits filed by the Federal Trade Commission (FTC), the Antitrust Division of the U.S. Department of Justice, and private parties who have been harmed by an antitrust violation. Criminal antitrust enforcement is done only by the Justice Department's Antitrust Division. Additionally, U.S. state governments may also enforce their own antitrust laws, which mostly mirror federal antitrust laws, regarding commerce occurring solely within their own state's borders.

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Federal Trade Commission in the context of Cultured freshwater pearl

Cultured freshwater pearls are pearls that are farmed and created using freshwater mussels. These pearls are produced in Japan and the United States on a limited scale, but are now almost exclusively produced in China. The U.S. Federal Trade Commission requires that farmed freshwater pearls be referred to as "freshwater cultured pearls" in commerce. Quality of cultured freshwater pearls is evaluated through a grading system of a series of A values, based on luster, shape, surface, colour and matching.

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Federal Trade Commission in the context of Consumer protection

Consumer protection is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the marketplace. Consumer protection measures are often established by law. Such laws are intended to prevent businesses from engaging in fraud or specified unfair practices to gain an advantage over competitors or to mislead consumers. They may also provide additional protection for the general public which may be impacted by a product (or its production) even when they are not the direct purchaser or consumer of that product. For example, government regulations may require businesses to disclose detailed information about their products—particularly in areas where public health or safety is an issue, such as with food or automobiles.

Consumer protection is linked to the idea of consumer rights and to the formation of consumer organizations, which help consumers make better choices in the marketplace and pursue complaints against businesses. Entities that promote consumer protection include government organizations (such as the Federal Trade Commission in the United States), self-regulating business organizations (such as the Better Business Bureaus in the US, Canada, England, etc.), and non-governmental organizations that advocate for consumer protection laws and help to ensure their enforcement (such as consumer protection agencies and watchdog groups).

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Federal Trade Commission in the context of Silver standards

Silver standards refer to the standards of millesimal fineness for the silver alloy used in the manufacture or crafting of silver objects. This list is organized from highest to lowest millesimal fineness, or purity of the silver.

  • Fine silver has a millesimal fineness of 999. Also called pure silver, or three nines fine, fine silver contains 99.9% silver, with the balance being some trace amounts of impurities. This grade of silver is used to make bullion bars for international commodities trading and investment in silver. In the modern world, fine silver is understood to be too soft for general use.
  • Britannia silver has a millesimal fineness of at least 958. The alloy is 95.84% pure silver and 4.16% copper or other metals. The Britannia standard was developed in Britain in 1697 to help prevent British sterling silver coins from being melted to make silver plate. It was obligatory in Britain between 1697 and 1720, when the sterling silver standard was restored. It became an optional standard thereafter.
  • The French 1st standard has a milessimal fineness of 950. The French 1st alloy is 95% silver and 5% copper or other metals.
  • 91 zolotnik Russian silver has a millesimal fineness of 947. The zolotnik (Russian золотник, from the Russian zoloto, or золото, meaning gold) was used in Russia as early as the 11th century to denote the weight of gold coins. In its earliest usage, the zolotnik was 1/96 of a pound, but it later was changed to represent 1/72 of a pound. Ninety-one (91) zolotniks have the equivalent millesimal fineness of 947[9]. Thus, the alloy contains 94.79% pure silver and 5.21% copper or other metals.
  • Sterling silver has a millesimal fineness of 925. The sterling silver alloy is 92.5% pure silver and 7.5% copper or other metals. This alloy was used by England and then the United Kingdom from the early 12th century, and Canada, Australia and other countries associated with the British Empire (and later Commonwealth) from the 19th century up to the mid-20th century when debasement took place; Sterling silver’s copper content means that it has a stronger tendency to tarnish than other alloys used in coins.
  • Following a program of debasements in the early-to-mid 20th century, circulating Canadian coinage (with the exception of the nickel) had a millesimal fineness of 800 until 1968. The alloy used contained 80% silver and 20% copper.
  • 88 zolotnik Russian silver has the equivalent millesimal fineness of 916[6]. The alloy contains 91.66% pure silver and 8.34% copper or other metals. (The description of the zolotnik is above.)
  • Coin silver has a millesimal fineness of 900. The term "coin silver" was derived from the fact that much of it was made from melting down silver coins. It is important here to note that there are differences between the coin silver standard and the coin silver alloy, as actually used in making silver objects. The coin silver standard in the United States was 90% silver and 10% copper, as dictated by US FTC guidelines. However, in silversmithing, coins could come from other nations besides the United States, and thus coin silver objects could vary from 750 millesimal fineness (75% silver) to 900 (90% silver). Coins were used as a source of silver in the US until 1868, shortly after the discovery of the Comstock silver lodes in Nevada, which provided a significant source of silver. Around this time the sterling standard was adopted by the American silver industry.
  • 84 zolotnik Russian silver has the equivalent millesimal fineness of 875. The alloy contains 87.5% pure silver and 12.5% copper or other metals. (See above for description of the zolotnik.)
  • Scandinavian silver has a millesimal fineness of 830. The Scandinavian silver alloy contains 83% pure silver and 17% copper or other metals.
  • German silver will be marked with a millesimal fineness of 800 or 835 (80% or 83.5% pure silver). Any items simply marked "German silver", "nickel silver" or "Alpaca" have no silver content at all, but are mere alloys of other base metals.
  • Decoplata has the equivalent millesimal fineness of 720. The alloy contains 72% pure silver and 28% copper. It was used by a number of countries between the 19th century and the present, but it is most associated with coins made in Mexico and the Netherlands in the mid-20th Century.
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Federal Trade Commission in the context of Dental therapist

A dental therapist is a member of the dental team who provides preventive and restorative dental care for children and adults. The precise role varies and is dependent on the therapist's education and the various dental regulations and guidelines of each country.

More than 50 countries allow dental therapists to provide some dental services. In the United States, dental therapists are allowed to operate in 13 states. The American Dental Association, the largest professional association of dentists in the United States, has lobbied against allowing dental therapists to practice while the Federal Trade Commission has advocated that more dental therapists would enable greater access to oral care and strengthen competition in dental services. Research shows that dental therapists provide greater access to dental care without undermining the quality of care or undermining health outcomes.

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Federal Trade Commission in the context of Nootropics

Nootropics (/n.əˈtrpɪks/ noh-ə-TROHP-iks or /n.əˈtrɒpɪks/ noh-ə-TROP-iks) (colloquially brain supplements, smart drugs, cognitive enhancers, memory enhancers, or brain boosters) are chemical substances which purportedly improve cognitive functions, such as attention, memory, wakefulness, and self-control.

In the United States, nootropics can be over-the-counter drugs and commonly advertised with unproven claims of effectiveness for improving cognition. The Federal Trade Commission and FDA have warned manufacturers and consumers about possible advertising fraud and marketing scams concerning nootropic supplements. Nootropics include both prescription drugs and dietary supplements marketed to enhance brain function, but while FDA-approved drugs have proven benefits and oversight, many dietary supplements lack evidence, may contain unapproved or hidden drugs, and pose safety and regulatory risks.

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Federal Trade Commission in the context of Joseph E. Davies

Joseph Edward Davies (November 29, 1876 – May 9, 1958) was an American lawyer and diplomat. He was appointed by President Woodrow Wilson in 1915 to be the first chairman of the Federal Trade Commission. From 1936 to 1938, Davies was the second-ever United States Ambassador to the Soviet Union. His book about the experience, Mission to Moscow, and its subsequent film adaptation, made him widely known.

After his posting in the USSR, Davies became U.S. Ambassador to Belgium and Luxembourg. From 1939 to 1941, he was special assistant to Secretary of State Cordell Hull, in charge of War Emergency Problems and Policies. From 1942 through 1946, Davies was chairman of the President's War Relief Control Board. He was also special advisor to President Harry Truman and Secretary of State James F. Byrnes with rank of Ambassador at the Potsdam Conference in 1945.

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Federal Trade Commission in the context of Project 2025

Project 2025 (also known as the 2025 Presidential Transition Project) is a political initiative published in April 2023 by the Heritage Foundation think tank to reshape the federal government of the United States and consolidate executive power in favor of right-wing policies. It constitutes a policy document that suggests specific changes to the federal government, a personnel database for recommending vetting loyal staff in the federal government, and a set of proposed executive orders for the U.S. president to implement those policies.

The project's policy document Mandate for Leadership calls for the replacement of federal civil service workers by people loyal to "the next conservative president" and for taking partisan control of key government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), the Department of Commerce (DOC), and the Federal Trade Commission (FTC). Other agencies, including the Department of Homeland Security (DHS) and the Department of Education (ED), would be dismantled. It calls for reducing environmental regulations to favor fossil fuels and proposes making the National Institutes of Health (NIH) less independent while defunding its stem cell research. The blueprint seeks to reduce taxes on corporations, institute a flat income tax on individuals, cut Medicare and Medicaid, and reverse as many of President Joe Biden's policies as possible. It proposes banning pornography, removing legal protections against anti-LGBT discrimination, and ending diversity, equity, and inclusion (DEI) programs while having the DOJ prosecute anti-white racism. The project recommends the arrest, detention, and mass deportation of illegal immigrants, and deploying the U.S. Armed Forces for domestic law enforcement. The plan also proposes enacting laws supported by the Christian right, such as criminalizing the sending and receiving of abortion and birth control medications and eliminating coverage of emergency contraception.

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Federal Trade Commission in the context of CAN-SPAM Act

The Controlling the Assault of Non-Solicited Pornography And Marketing (CAN-SPAM) Act of 2003 is a law passed in 2003 establishing the United States' first national standards for the sending of commercial e-mail. The law requires the Federal Trade Commission (FTC) to enforce its provisions. Introduced by Republican Conrad Burns, the act passed both the House and Senate during the 108th United States Congress and was signed into law by President George W. Bush in December 16, 2003 and was enacted on January 1, 2004.

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Federal Trade Commission in the context of Federal Trade Commission Act of 1914

The Federal Trade Commission Act of 1914 is a United States federal law which established the Federal Trade Commission. The Act was signed into law by US President Woodrow Wilson in 1914 and outlaws unfair methods of competition and unfair acts or practices that affect commerce.

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Federal Trade Commission in the context of United States Department of Justice Antitrust Division

The United States Department of Justice Antitrust Division is a division of the U.S. Department of Justice that enforces U.S. antitrust law. It has exclusive jurisdiction over federal criminal antitrust prosecutions, and it shares jurisdiction over civil antitrust enforcement with the Federal Trade Commission (FTC).

The Division is headed by an assistant attorney general, who is appointed by the president of the United States with the advice and consent of the Senate, and who reports to the associate attorney general. The current assistant attorney general for the Antitrust Division is Gail Slater.

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Federal Trade Commission in the context of The New Freedom

The New Freedom was Woodrow Wilson's platform in the 1912 presidential election, and also refers to the progressive programs enacted by Wilson during his time as president. First expressed in his campaign speeches and promises, Wilson later wrote a 1913 book of the same name. After the 1918 midterm elections, Republicans took control of Congress and were mostly hostile to the New Freedom. As president, Wilson focused on various types of reform, such as the following:

  1. Tariff reform: This came through the passage of the Underwood Tariff Act of 1913, which lowered tariffs for the first time since 1857 and went against the protectionist lobby.
  2. Labor reform: This was achieved through measures such as the Eight Hour Law for Women of the District of Columbia, the Seaman's Act, Workmen's Compensation for Federal employees, the Federal Child Labor Bill, and the Adamson Act. During the 1912 campaign Wilson spoke in support of workers organizing into unions while endorsing "the betterment of men in this occupation and the other, the protection of women, the shielding of children, the bringing about of social justice."
  3. Business reform: This was established through the passage of the Federal Trade Commission Act of 1914, which established the Federal Trade Commission to investigate and halt unfair and illegal business practices by issuing "cease and desist" orders, and the Clayton Antitrust Act.
  4. Agricultural reform: This was achieved through measures such as the Cotton Futures and Smith-Lever Acts of 1914, the Grain Standards and Warehouse Acts of 1916, and the Smith-Hughes Act of 1917.
  5. Banking reform: This came in 1913 through the creation of the Federal Reserve System and in 1916 through the passage of the Federal Farm Loan Act, which set up Farm Loan Banks to support farmers.
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Federal Trade Commission in the context of Acquisition of Activision Blizzard by Microsoft

On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion. The acquisition was completed on October 13, 2023, with its total cost amounting to $75.4 billion. Under the terms of the agreement, Microsoft brought Activision Blizzard under its Microsoft Gaming business unit as a sibling division to Xbox Game Studios and ZeniMax Media. With it, Microsoft gained ownership of several franchises under Activision, Blizzard Entertainment, and King, including Call of Duty, Crash Bandicoot, Spyro, Warcraft, StarCraft, Diablo, Overwatch, and Candy Crush. As of 2023, the acquisition is the largest video game acquisition by transaction value in history.

Following shareholder approval of the acquisition, the merger was reviewed by several national anti-trust bodies, with early approvals granted by the European Commission and China's State Administration for Market Regulation (SAMR), among others. The United States' Federal Trade Commission (FTC) and the United Kingdom's Competition and Markets Authority (CMA) issued formal challenges to the acquisition. Sony also criticized the merger, concerned that Microsoft would make the lucrative Call of Duty franchise exclusive to the Xbox platform, though Microsoft committed to non-exclusivity through 2033. The FTC withdrew its request after courts did not find their anti-trust compelling to block the merger, while Microsoft offered to offload its cloud gaming support for Activision Blizzard's games for ten years to Ubisoft to appease the CMA.

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Federal Trade Commission in the context of Psychic surgery

Psychic surgery is a medical fraud in which practitioners create the illusion of performing surgery with their bare hands and use sleight of hand, fake blood, and animal parts to convince the patient that diseased lesions have been removed and that the incision has spontaneously healed. The technique may fool the general public, but it can be observed by experienced stage magicians, who use the same sleight of hand techniques for entertainment.

The US Federal Trade Commission described psychic surgery as a "total hoax". It has also been described as fraud, fakery, deceitful, irrational, charlatanry, and quackery. Even supporters have been forced to admit that sleight-of-hand tricks were "widely used" and that charlatans were common and miracles unlikely. Psychic surgery may cause needless death by keeping the ill away from life-saving medical care. Medical professionals and skeptics classify it as sleight of hand and any positive results as a placebo effect.

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Federal Trade Commission in the context of Modacrylic

A modacrylic is a synthetic copolymer. Modacrylics are soft, strong, resilient and dimensionally stable. They can be easily dyed, show good press and shape retention, and are quick to dry. They have outstanding resistance to chemicals and solvents, are not attacked by moths or mildew, and are nonallergenic. Among their uses are in apparel linings, furlike outerwear, paint-roller covers, scatter rugs, carpets, and work clothing and as hair in wigs.

Commercial production of modacrylic fiber began in 1949 by Union Carbide Corporation in the United States. Modacrylic and acrylic fibers are similar in composition and at one time were in the same category. In 1960 the Federal Trade Commission decided to separate the two fibers and establish a category for each.

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Federal Trade Commission in the context of Influencer marketing

Influencer marketing (also known as influence marketing) is a form of social media marketing involving endorsements and product placement from influencers, individuals and organizations who have a purported expert level of knowledge or social influence in their field. Influencers are people (or something) with the power to affect the buying habits or quantifiable actions of others by uploading some form of original—often sponsored—content to social media platforms like Instagram, YouTube, Snapchat, TikTok or other online channels. Influencer marketing is when a brand enrolls influencers who have an established credibility and audience on social media platforms to discuss or mention the brand in a social media post.

Influencer content may be framed as testimonial advertising, according to the Federal Trade Commission (FTC) in the United States. The FTC started enforcing this on a large scale in 2016, sending letters to several companies and influencers who had failed to disclose sponsored content. Many Instagram influencers started using #ad in response and feared that this would affect their income. However, fans increased their engagement after the disclosure, satisfied they were landing such deals. This success led to some creators creating their own product lines in 2017. Some influencers fake sponsored content to gain credibility and promote themselves. Backlash to sponsored content became more prominent in mid-2018, leading to many influencers to focus instead on authenticity.

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