Much like our grocery bills these days, the Federal Trade Commission (FTC or the Commission) maximum civil penalty amount just got pricier. The FTC announced its annual increase of its.
Earlier this year, the FTC sought to flex its penalty offense authority by issuing compliance reminders to advertisers–but trades say that ‘friendly reminder’ was unlawful.
Attorneys Katie Bond and Samuel Butler examine the Federal Trade Commission's authority to obtain civil penalties under a "notice" provision of the FTCA.
The FTC, using its Penalty Offense Authority under Section 5 of the Federal Trade Commission Act, has put approximately 670 companies on notice that they could incur significant civil penalties of up to $50,120.