Sec. 4. Increasing the penalty for unfair methods of competition and unfair or deceptive acts or practices during the COVID–19 emergency period

56 words·~1 min read·/bill/116/s/3862/is/section-4

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Notwithstanding subsections (l), (m)(1)(A), and (m)(1)(B) of section 5 of the Federal Trade Commission Act ( 42 U.S.C. 45 ), any penalties that are applicable under such subsections with respect to conduct occurring during the COVID–19 emergency period shall be increased— for a first offense, to $50,000; and for a second or subsequent offense, to $250,000.

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42 USC 45

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Sec. 4

Increasing the penalty for unfair methods of competition and unfair or deceptive acts or practices during the COVID–19 emergency period

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