Which transaction does NOT fall under the jurisdiction of the Federal Trade Commission?

The transaction that does not fall under the jurisdiction of the Federal Trade Commission is internal company disputes. The Federal Trade Commission (FTC) is primarily concerned with promoting consumer protection and maintaining competition within the marketplace. Its main focus areas include regulating mergers that could create monopolistic practices, enforcing laws against false advertising, and overseeing consumer finance matters such as disclosures related to consumer loans.

Internal company disputes, however, typically involve issues such as labor disputes, management conflicts, or shareholder disagreements. These matters are generally subject to state law and often fall under the purview of other regulatory bodies or legal frameworks, such as employment law or corporate governance laws, rather than the FTC’s domain. This distinction is crucial as it highlights the FTC's role in external market interactions rather than internal corporate governance.