Where does the law creating the FTC give them the power to regulate this? Please show me the wording.
15 U.S. Code 45 states "The Commission is hereby empowered and directed to prevent persons, partnerships, or corporations [...] from using unfair methods of competition in or affecting commerce and unfair or deceptive acts or practices in or affecting commerce. "
15 U.S. Code 46 gives the FTC further authority to perform investigations and classify businesses for the purpose to regulating them. They also have the authority to compel corporations to file reports for various reasons.
15 U.S. Code 57a gives the FTC authority to deal with unfair business practices by creating rules.
15 U.S. Code 57b gives the FTC legal teeth if the rules they prescribe are not followed.
So the FTC has the power to investigate "dealership laws," determine if corporations are exploiting these laws in an unfair way, and act if they see fit. The FTC and the Interstate Commerce Clause meet at the Sherman and Clayton antitrust acts, which the FTC was essentially created to enforce and was given broad judicial, legislative, and executive powers to do so without requiring congressional action.
Now, that's not to say that Congress CAN'T step in - only that the FTC does not need their permission. Note that rules and regulations that the FTC is empowered to create and enforce are not the same as laws - Congress is still required to make new laws.
=Smidge=