Which body provides oversight of interstate commerce related to competition?

The Federal Trade Commission (FTC) is the body that oversees interstate commerce related to competition. The primary role of the FTC is to protect consumers and maintain competition in the marketplace. It does this by preventing anticompetitive, deceptive, and unfair business practices.

Through its authority, the FTC can challenge mergers and acquisitions that may lead to monopolies or reduce competition. It also enforces various antitrust laws, ensuring that businesses operate fairly and competitively across state lines in interstate commerce. This function is crucial for promoting a healthy economy, protecting consumers from monopolistic practices, and ensuring that businesses can compete on a level playing field.

In contrast, other entities like the Federal Reserve focus on monetary policy and financial system stability, the Federal Aviation Administration is responsible for the regulation of civil aviation, and the Federal Communications Commission regulates interstate and international communications by radio, television, wire, satellite, and cable but does not have a primary focus on competition in the broader market context. This differentiation helps clarify why the Federal Trade Commission is the correct choice regarding oversight of competition in interstate commerce.