The Federal Trade Commission has approved final amendments to Commission Rule 1.98 that adjust the maximum civil penalty dollar amounts for violations of 16 provisions of law the FTC enforces, as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. The Act directs agencies to implement a “catch-up” inflation adjustment based […]
Tag Archives: Office of the General Counsel Consumer Protection
FTC Issues Changes to Some Civil Penalty Amounts
The Federal Trade Commission has adjusted some of its civil penalty dollar amounts in accordance with the Federal Civil Penalties Inflation Adjustment Act, which directs federal agencies to increase civil penalties under their jurisdiction to account for inflation at least once every four years. The FTC previously adjusted civil penalty amounts in 1996, 2004, and […]