What role does the Federal Trade Commission (FTC) play in the marketplace?

The Federal Trade Commission (FTC) plays a crucial role in the marketplace by enforcing federal competition and consumer protection laws. This includes combating unfair, deceptive, or fraudulent business practices, which helps to maintain a fair and competitive market environment. The FTC is responsible for preventing monopolies and ensuring that consumers have access to a variety of goods and services at fair prices. By regulating advertising, marketing practices, and protecting consumer rights, the agency aims to promote competition while safeguarding consumer interests.

The other options do not accurately describe the primary functions of the FTC. While the commission may have an indirect impact on mergers and acquisitions through its regulatory role, its main purpose is not to directly regulate corporate mergers but to ensure these do not harm competition. Additionally, the FTC does not provide economic forecasts or oversee legislative processes, as these responsibilities typically fall under different governmental agencies or branches. Therefore, the enforceable focus on competition and consumer protection distinctly aligns with the FTC’s mandate, making it the correct answer.