Final answer:
State consumer protection agencies, such as the FTC, are tasked by Congress to prevent unfair and deceptive practices. The FTC enforces antitrust laws and defends consumer interests by engaging in law enforcement, enhancing informed consumer choice, and educating the public about fair competition.
Step-by-step explanation:
The mission of state consumer protection agencies, as mandated by Congress, involves preventing unfair and deceptive trade practices. Founded on September 26, 1914, the Federal Trade Commission (FTC) plays a central role in this mission, aiming to prevent business practices that are anticompetitive, deceptive, or unfair to consumers. The FTC has the authority to enforce antitrust legislation and to engage in law enforcement to defend consumers.
Furthermore, the FTC works to enhance informed consumer choice and public understanding of the competitive process, which contributes to a fair business environment without placing unnecessary burdens on legitimate business activities. The agency's activities include sharing expertise with other governmental bodies, developing policy, conducting research, and creating educational programs aimed at both consumers and businesses. The FTC collaborates with various federal agencies to ensure that markets operate fairly and efficiently, and that consumers are protected from fraudulent or deceptive practices.