Which of the following is NOT monitored by the Federal Trade Commission?

The Federal Trade Commission (FTC) is primarily involved in protecting consumers and enforcing antitrust laws, focusing on unfair, deceptive, or fraudulent practices in the marketplace. False advertising is one of the key areas of oversight, as the FTC ensures that companies do not mislead consumers with untruthful claims about their products or services. Price discrimination is also within the FTC's purview, as it can affect competition and consumer choice, particularly when certain customers are unfairly charged different prices for the same product.

Competitor pricing, which involves monitoring how companies price their products relative to their competitors, may relate to anti-competitive practices but isn't typically a specific area of enforcement for the FTC. The agency may pursue actions that indirectly relate to competitor pricing if it affects competition or leads to deceptive practices.

In contrast, patent violations fall under the jurisdiction of the U.S. Patent and Trademark Office (USPTO) and the courts. The FTC does not regulate patent law, so patent violations are not monitored by the FTC. This separation of regulatory powers clarifies why the answer regarding patent violations is correct, as it highlights an area outside the FTC's responsibilities.