Which agency is responsible for federal investigations into business activities in the United States?

The Federal Trade Commission (FTC) is the agency responsible for overseeing and investigating business activities in the United States to ensure fair competition and protect consumers. Established in 1914, the FTC enforces antitrust laws, which are designed to prevent monopolistic practices and maintain competition among businesses. It also investigates deceptive or unfair business practices, allowing it to promote consumer protection.

The agency plays a crucial role in regulating various sectors, ensuring that businesses operate fairly and transparently. By conducting investigations, the FTC can take action against companies that violate federal laws, thereby maintaining integrity within the marketplace and protecting consumer interests.

In contrast, while the Federal Bureau of Investigation primarily focuses on criminal investigations and national security, the Federal Reserve manages monetary policy and banking. The Department of Commerce deals with various economic aspects, including trade and economic growth but does not directly investigate business activities in the same regulatory capacity as the FTC.