Wheeler-Lea Act Definition | Business Dictionaries from AllBusiness.com
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Business Definition for: Wheeler-Lea Act
Wheeler-Lea Act

1938 amendment to the Federal Trade Commission act that authorized the FTC to restrict unfair or deceptive acts; also called the advertising act. Until this amendment was passed, the FTC could only restrict practices that were unfair to competitors. This broadened the FTC's powers to include protection for consumers from false advertising practices.

See also robinson-patman act , truth-in-advertising , Clayton Act
Copyright c 2000, 1994, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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