What is the relationship between Amway and the Federal Trade Commission (FTC)?
Amway owns the FTC
The FTC regulates Amway
Amway sued the FTC
The FTC invests in Amway
Answer
The Federal Trade Commission (FTC) is a government agency that regulates businesses, including Amway. Amway has been investigated by the FTC for alleged pyramid scheme practices but has never been found guilty. The company has, however, paid tens of millions of dollars to settle these suits.
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