Final answer:
The Federal Trade Commission (FTC) is the regulatory body that handles consumer protection violations of most business-related issues in Texas. It has jurisdiction over consumer protection and competition in broad sectors of the economy.
Step-by-step explanation:
The regulatory body that handles consumer protection violations of most business-related issues in Texas is the Federal Trade Commission (FTC). The FTC is the only federal agency with both consumer protection and competition jurisdiction in broad sectors of the economy. It pursues vigorous law enforcement, shares expertise with government agencies, develops policies, and creates educational programs for consumers and businesses.
In addition to the FTC, there are also other regulatory bodies in Texas that handle specific industries. For example, the commissioner of the Department of Agriculture and the three commissioners of the Railroad Commission have regulatory jurisdiction over certain public utilities, transportation, and the oil and gas industry.
Overall, the FTC plays a crucial role in protecting consumers and promoting fair competition in the business sector in Texas.