Which act regulates prices and prohibits deceptive acts in business practices?

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The Federal Trade Commission Act is designed to protect consumers and promote fair competition by prohibiting unfair or deceptive acts in commerce. It grants the Federal Trade Commission (FTC) the authority to investigate and prevent deceptive business practices that could mislead consumers. This act plays a crucial role in ensuring that businesses engage in transparent and honest advertising, thereby maintaining a fair marketplace.

While the other acts mentioned may also involve consumer protection in various ways, they focus on different aspects. The Consumer Protection Act addresses a broader range of consumer rights and product safety, the Securities Exchange Act regulates the securities industry to protect investors, and the Truth in Lending Act specifically focuses on the disclosure of credit terms and costs. Each serves an important function, but the Federal Trade Commission Act specifically targets the regulation of prices and the prevention of deceptive practices in business.

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