Corporate trust: Difference between revisions
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A '''corporate trust''' is a large business group with considerable market share. A trust may set unfair market prices because of its large market share. In response to the rise of trusts, Congress created the '''Federal Trade Commission''' (FTC). | A '''corporate trust''' is a large business group with considerable market share. A trust may set unfair market prices because of its large market share. In response to the rise of trusts, Congress created the '''Federal Trade Commission''' (FTC). | ||
==Federal Trade Commission== | |||
The five Commissioners of the FTC are typically lawyers. They are appointed by the President; they serve fixed seven-year-terms. | |||
Revision as of 23:46, May 27, 2022
A corporate trust is a large business group with considerable market share. A trust may set unfair market prices because of its large market share. In response to the rise of trusts, Congress created the Federal Trade Commission (FTC).
Federal Trade Commission
The five Commissioners of the FTC are typically lawyers. They are appointed by the President; they serve fixed seven-year-terms.
