President Woodrow Wilson signed the original FTC Act into law on September 26, 1914. When the Federal Trade Commission was created, its purpose was to prevent unfair methods of competition in commerce as part of the battle to "bust the trusts." Over the years, Congress passed additional laws giving the agency greater authority to police anticompetitive practices. * CAN-SPAM Act * Fair and Accurate Credit Transactions Act * Children’s Online Privacy Protection Act * Gramm-Leach-Bliley Act, and the * U.S. SAFE WEB Act.