4h 46min, sep 16, 1914 y - Establishment of the federal trade commision
Description:
The establishment of the Federal Trade Commission addressed industrial capitalism by preventing big businesses from using unfair practices to eliminate competition. It also protected consumers in growing cities from false advertising and reduced political corruption by regulating corporate influence over the government.
Added to timeline:
Date:
4h 46min, sep 16, 1914 y
Now
~ 110 years ago