1914 – The Federal Trade Commission (FTC) is formed to regulate business in the US. President Wilson issued this to “Trust bust”. The FTC is controlled by a 5 member panel that serve in 7 year terms. They govern all fair trade practices.
Companies like Microsoft and IBM have been under the microscope with the FTC and the FCC.
This Day in Tech History podcast show notes for September 26
- 414’s testimony
- Kentucky shuts down 141 gambling domains
- Iomega Zip across america