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Federal Trade Commission Annual Report Highlights Unfair Competition
The Federal Trade Commission’s year in review notes court decisions creating precedents against unfair competition and several key inquiries. Petitions for relief totaled 1065, 111 formal complaints issued, 211 cases disposed with 97 cease and desist orders and 114 dismissals. Export grain profits surged in 1920-21, petroleum and tobacco investigations raised concerns, and foreign trade associations under the Export Trade Act claimed cost savings and efficiency gains including inland freight and advertising reductions. Some associations reported 50 percent home selling cost cuts and two thirds abroad.
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