Big Increase in Civil Penalties at the FTC

News to me–the FTC was required by Congress to adjust civil penalties so that they catch up with inflation. The new maximum is $40,000 per day/per violation (up from $16,000). Interestingly, if fully adjusted for inflation, the maximum would have gone up to $52k for violations of orders, but alas, Congress capped the increase to 150% of the current max.

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