Adjustments to Civil Penalty Amounts, 1499-1500 [2023-00382]

Download as PDF Federal Register / Vol. 88, No. 7 / Wednesday, January 11, 2023 / Rules and Regulations By order of the Board of Governors of the Federal Reserve System, acting through the Secretary of the Board under delegated authority. Michele Taylor Fennell, Deputy Associate Secretary of the Board. [FR Doc. 2023–00327 Filed 1–10–23; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION 16 CFR Part 1 Adjustments to Civil Penalty Amounts Federal Trade Commission. Final rule. AGENCY: ACTION: The Federal Trade Commission (‘‘FTC’’ or ‘‘Commission’’) is implementing adjustments to the civil penalty amounts within its jurisdiction to account for inflation, as required by law. DATES: Effective January 11, 2023. FOR FURTHER INFORMATION CONTACT: Marie Choi, Attorney (202–326–3368), Office of the General Counsel, Federal Trade Commission, 600 Pennsylvania Avenue NW, Washington, DC 20580. SUPPLEMENTARY INFORMATION: The Federal Civil Penalties Inflation Adjustment Act Improvements Act (‘‘FCPIAA’’) of 2015 1 directs agencies to adjust the civil penalty maximums under their jurisdiction for inflation every January. Accordingly, the Commission issues annual adjustments to the maximum civil penalty amounts under its jurisdiction.2 Commission Rule § 1.98 sets forth the applicable civil penalty amounts for violations of certain laws enforced by the Commission.3 As directed by the FCPIAA, the Commission is issuing adjustments to increase these maximum civil penalty amounts to address inflation since its prior 2022 adjustment. The following adjusted amounts will take effect on January 11, 2023: SUMMARY: • Section 7A(g)(1) of the Clayton Act, 15 U.S.C. 18a(g)(1) (premerger filing notification violations under the HartScott-Rodino Improvements Act)— Increase from $46,517 to $50,120; • Section 11(l) of the Clayton Act, 15 U.S.C. 21(l) (violations of cease and desist orders issued under Clayton Act section 11(b))—Increase from $24,714 to $26,628; • Section 5(l) of the FTC Act, 15 U.S.C. 45(l) (unfair or deceptive acts or practices)—Increase from $46,517 to $50,120; • Section 5(m)(1)(A) of the FTC Act, 15 U.S.C. 45(m)(1)(A) (unfair or deceptive acts or practices)—Increase from $46,517 to $50,120; • Section 5(m)(1)(B) of the FTC Act, 15 U.S.C. 45(m)(1)(B) (unfair or deceptive acts or practices)—Increase from $46,517 to $50,120; • Section 10 of the FTC Act, 15 U.S.C. 50 (failure to file required reports)— Increase from $612 to $659; • Section 5 of the Webb-Pomerene (Export Trade) Act, 15 U.S.C. 65 (failure by associations engaged solely in export trade to file required statements)— Increase from $612 to $659; • Section 6(b) of the Wool Products Labeling Act, 15 U.S.C. 68d(b) (failure by wool manufacturers to maintain required records)—Increase from $612 to $659; • Section 3(e) of the Fur Products Labeling Act, 15 U.S.C. 69a(e) (failure to maintain required records regarding fur products)—Increase from $612 to $659; • Section 8(d)(2) of the Fur Products Labeling Act, 15 U.S.C. 69f(d)(2) (failure to maintain required records regarding fur products)—Increase from $612 to $659; • Section 333(a) of the Energy Policy and Conservation Act (EPCA), 42 U.S.C. 6303(a) (knowing violations of EPCA section 332, including labeling violations)—Increase from $503 to $542; • Section 525(a) of the Energy Policy and Conservation Act, 42 U.S.C. 6395(a) (recycled oil labeling violations)— Increase from $24,714 to $26,628; 1499 • Section 525(b) of the Energy Policy and Conservation Act, 42 U.S.C. 6395(b) (willful violations of recycled oil labeling requirements)—Increase from $46,517 to $50,120; • Section 621(a)(2) of the Fair Credit Reporting Act, 15 U.S.C. 1681s(a)(2) (knowing violations of the Fair Credit Reporting Act)—Increase from $4,367 to $4,705; • Section 1115(a) of the Medicare Prescription Drug Improvement and Modernization Act of 2003, Public Law 108–173, as amended by Public Law 115–263, 21 U.S.C. 355 note (failure to comply with filing requirements)— Increase from $16,445 to $17,719; and • Section 814(a) of the Energy Independence and Security Act of 2007, 42 U.S.C. 17304 (violations of prohibitions on market manipulation and provision of false information to Federal agencies)—Increase from $1,323,791 to $1,426,319. Calculation of Inflation Adjustments The FCPIAA, as amended, directs Federal agencies to adjust each civil monetary penalty under their jurisdiction for inflation in January of each year pursuant to a cost-of-living adjustment.4 The cost-of-living adjustment is based on the percent change between the U.S. Department of Labor’s Consumer Price Index for allurban consumers (‘‘CPI–U’’) for the month of October preceding the date of the adjustment, and the CPI–U for October of the prior year.5 Based on that formula, the cost-of-living adjustment multiplier for 2023 is 1.07745. The FCPIAA also directs that these penalty level adjustments should be rounded to the nearest dollar. Agencies do not have discretion over whether to adjust a maximum civil penalty, or the method used to determine the adjustment. The following chart illustrates the application of these adjustments to the civil monetary penalties under the Commission’s jurisdiction. lotter on DSK11XQN23PROD with RULES1 CALCULATION OF ADJUSTMENTS TO MAXIMUM CIVIL MONETARY PENALTIES 2022 Penalty level Citation Description 16 CFR 1.98(a): 15 U.S.C. 18a(g)(1) ............. 16 CFR 1.98(b): 15 U.S.C. 21(l) ..................... Premerger filing notification violations ........... Violations of cease and desist orders ............ 1 Public Law 114–74, 701, 129 Stat. 599 (2015). The Act amends the Federal Civil Penalties Inflation Adjustment Act, Public Law 101–410, 104 Stat. 890 (codified at 28 U.S.C. 2461 note). 2 81 FR 42476 (2016); 82 FR 8135 (2017); 83 FR 2902 (2018); 84 FR 3980 (2019), 85 FR 2014 (2020); 86 FR 2539 (2021); 87 FR 1070 (2022). VerDate Sep<11>2014 16:09 Jan 10, 2023 Jkt 259001 3 16 CFR 1.98. U.S.C. 2461 note (4). 5 Id. (3), (5)(b); Office of Management and Budget, Memorandum M–23–05, Implementation of Penalty Inflation Adjustments for 2023, Pursuant to the Federal Civil Penalties Inflation Adjustment Act 4 28 PO 00000 Frm 00003 Fmt 4700 Sfmt 4700 $46,517 24,714 Adjustment multiplier 1.07745 1.07745 2023 Penalty level rounded to the nearest dollar) $50,120 26,628 Improvements Act of 2015 (December 15, 2022), available at: https://www.whitehouse.gov/wpcontent/uploads/2022/12/M-23-05-CMP-CMPGuidance.pdf. E:\FR\FM\11JAR1.SGM 11JAR1 1500 Federal Register / Vol. 88, No. 7 / Wednesday, January 11, 2023 / Rules and Regulations CALCULATION OF ADJUSTMENTS TO MAXIMUM CIVIL MONETARY PENALTIES—Continued Citation 16 16 16 16 16 16 16 16 16 16 16 16 16 16 CFR CFR CFR CFR CFR CFR CFR CFR CFR CFR CFR CFR CFR CFR 1.98(c): 15 U.S.C. 45(l) ..................... 1.98(d): 15 U.S.C. 45(m)(1)(A) ......... 1.98(e): 15 U.S.C. 45(m)(1)(B) ......... 1.98(f): 15 U.S.C. 50 ......................... 1.98(g): 15 U.S.C. 65 ........................ 1.98(h): 15 U.S.C. 68d(b) ................. 1.98(i): 15 U.S.C. 69a(e) ................... 1.98(j): 15 U.S.C. 69f(d)(2) ............... 1.98(k): 42 U.S.C. 6303(a) ................ 1.98(l): 42 U.S.C. 6395(a) ................. 1.98(l): 42 U.S.C. 6395(b) ................. 1.98(m): 15 U.S.C. 1681s(a)(2) ........ 1.98(n): 21 U.S.C. 355 note .............. 1.98(o): 42 U.S.C. 17304 .................. Effective Dates of New Penalties These new penalty levels apply to civil penalties assessed after the effective date of the applicable adjustment, including civil penalties whose associated violation predated the effective date.6 These adjustments do not retrospectively change previously assessed or enforced civil penalties that the FTC is actively collecting or has collected. lotter on DSK11XQN23PROD with RULES1 Procedural Requirements The FCPIAA, as amended, directs agencies to adjust civil monetary penalties through rulemaking and to publish the required inflation adjustments in the Federal Register, notwithstanding section 553 of title 5, United States Code. Pursuant to this congressional mandate, prior public notice and comment under the Administrative Procedure Act (‘‘APA’’) and a delayed effective date are not required. For this reason, the requirements of the Regulatory Flexibility Act (‘‘RFA’’) also do not apply.7 Further, this rule does not contain any collection of information requirements as defined by the Paperwork Reduction Act of 1995 as amended. 44 U.S.C. 3501 et seq. Pursuant to the Congressional Review Act (5 U.S.C. 801 et seq.), the Office of Information and Regulatory Affairs designated this rule as not a ‘‘major rule,’’ as defined by 5 U.S.C. 804(2). List of Subjects for 16 CFR Part 1 Administrative practice and procedure, Penalties, Trade practices. 6 28 U.S.C. 2461 note (6). regulatory flexibility analysis under the RFA is required only when an agency must publish a notice of proposed rulemaking for comment. See 5 U.S.C. 603. 7A VerDate Sep<11>2014 16:09 Jan 10, 2023 2022 Penalty level Description Jkt 259001 Unfair or deceptive acts or practices ............. Unfair or deceptive acts or practices ............. Unfair or deceptive acts or practices ............. Failure to file required reports ........................ Failure to file required statements ................. Failure to maintain required records .............. Failure to maintain required records .............. Failure to maintain required records .............. Knowing violations ......................................... Recycled oil labeling violations ...................... Willful violations .............................................. Knowing violations ......................................... Non-compliance with filing requirements ....... Market manipulation or provision of false information to Federal agencies. Text of Amendments For the reasons set forth in the preamble, the Federal Trade Commission amends title 16, chapter I, subchapter A, of the Code of Federal Regulations, as follows: PART 1—GENERAL PROCEDURES Subpart L—Civil Penalty Adjustments Under the Federal Civil Penalties Inflation Adjustment Act of 1990, as Amended 1. The authority citation for part 1, subpart L, continues to read as follows: ■ Authority: 28 U.S.C. 2461 note. ■ 2. Revise § 1.98 to read as follows: § 1.98 Adjustment of civil monetary penalty amounts. This section makes inflation adjustments in the dollar amounts of civil monetary penalties provided by law within the Commission’s jurisdiction. The following maximum civil penalty amounts apply only to penalties assessed after January 11, 2023, including those penalties whose associated violation predated January 11, 2023. (a) Section 7A(g)(1) of the Clayton Act, 15 U.S.C. 18a(g)(1)—$50,120; (b) Section 11(l) of the Clayton Act, 15 U.S.C. 21(l)—$26,628; (c) Section 5(l) of the FTC Act, 15 U.S.C. 45(l)—$50,120; (d) Section 5(m)(1)(A) of the FTC Act, 15 U.S.C. 45(m)(1)(A)—$50,120; (e) Section 5(m)(1)(B) of the FTC Act, 15 U.S.C. 45(m)(1)(B)—$50,120; (f) Section 10 of the FTC Act, 15 U.S.C. 50—$659; (g) Section 5 of the Webb-Pomerene (Export Trade) Act, 15 U.S.C. 65—$659; (h) Section 6(b) of the Wool Products Labeling Act, 15 U.S.C. 68d(b)—$659; PO 00000 Frm 00004 Fmt 4700 Sfmt 9990 46,517 46,517 46,517 612 612 612 612 612 503 24,714 46,517 4,367 16,445 1,323,791 Adjustment multiplier 2023 Penalty level rounded to the nearest dollar) 1.07745 1.07745 1.07745 1.07745 1.07745 1.07745 1.07745 1.07745 1.07745 1.07745 1.07745 1.07745 1.07745 1.07745 50,120 50,120 50,120 659 659 659 659 659 542 26,628 50,120 4,705 17,719 1,426,319 (i) Section 3(e) of the Fur Products Labeling Act, 15 U.S.C. 69a(e)—$659; (j) Section 8(d)(2) of the Fur Products Labeling Act, 15 U.S.C. 69f(d)(2)—$659; (k) Section 333(a) of the Energy Policy and Conservation Act, 42 U.S.C. 6303(a)—$542; (l) Sections 525(a) and (b) of the Energy Policy and Conservation Act, 42 U.S.C. 6395(a) and (b), respectively— $26,628 and $50,120, respectively; (m) Section 621(a)(2) of the Fair Credit Reporting Act, 15 U.S.C. 1681s(a)(2)—$4,705; (n) Section 1115(a) of the Medicare Prescription Drug Improvement and Modernization Act of 2003, Public Law 108–173, as amended by Public Law 115–263, 21 U.S.C. 355 note—$17,719; (o) Section 814(a) of the Energy Independence and Security Act of 2007, 42 U.S.C. 17304—$1,426,319; and (p) Civil monetary penalties authorized by reference to the Federal Trade Commission Act under any other provision of law within the jurisdiction of the Commission—refer to the amounts set forth in paragraphs (c) through (f) of this section, as applicable. By direction of the Commission. April J. Tabor, Secretary. [FR Doc. 2023–00382 Filed 1–10–23; 8:45 am] BILLING CODE 6750–01–P E:\FR\FM\11JAR1.SGM 11JAR1

Agencies

[Federal Register Volume 88, Number 7 (Wednesday, January 11, 2023)]
[Rules and Regulations]
[Pages 1499-1500]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-00382]


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FEDERAL TRADE COMMISSION

16 CFR Part 1


Adjustments to Civil Penalty Amounts

AGENCY: Federal Trade Commission.

ACTION: Final rule.

-----------------------------------------------------------------------

SUMMARY: The Federal Trade Commission (``FTC'' or ``Commission'') is 
implementing adjustments to the civil penalty amounts within its 
jurisdiction to account for inflation, as required by law.

DATES: Effective January 11, 2023.

FOR FURTHER INFORMATION CONTACT: Marie Choi, Attorney (202-326-3368), 
Office of the General Counsel, Federal Trade Commission, 600 
Pennsylvania Avenue NW, Washington, DC 20580.

SUPPLEMENTARY INFORMATION: The Federal Civil Penalties Inflation 
Adjustment Act Improvements Act (``FCPIAA'') of 2015 \1\ directs 
agencies to adjust the civil penalty maximums under their jurisdiction 
for inflation every January. Accordingly, the Commission issues annual 
adjustments to the maximum civil penalty amounts under its 
jurisdiction.\2\
---------------------------------------------------------------------------

    \1\ Public Law 114-74, 701, 129 Stat. 599 (2015). The Act amends 
the Federal Civil Penalties Inflation Adjustment Act, Public Law 
101-410, 104 Stat. 890 (codified at 28 U.S.C. 2461 note).
    \2\ 81 FR 42476 (2016); 82 FR 8135 (2017); 83 FR 2902 (2018); 84 
FR 3980 (2019), 85 FR 2014 (2020); 86 FR 2539 (2021); 87 FR 1070 
(2022).
---------------------------------------------------------------------------

    Commission Rule Sec.  1.98 sets forth the applicable civil penalty 
amounts for violations of certain laws enforced by the Commission.\3\ 
As directed by the FCPIAA, the Commission is issuing adjustments to 
increase these maximum civil penalty amounts to address inflation since 
its prior 2022 adjustment. The following adjusted amounts will take 
effect on January 11, 2023:
---------------------------------------------------------------------------

    \3\ 16 CFR 1.98.
---------------------------------------------------------------------------

     Section 7A(g)(1) of the Clayton Act, 15 U.S.C. 18a(g)(1) 
(premerger filing notification violations under the Hart-Scott-Rodino 
Improvements Act)--Increase from $46,517 to $50,120;
     Section 11(l) of the Clayton Act, 15 U.S.C. 21(l) 
(violations of cease and desist orders issued under Clayton Act section 
11(b))--Increase from $24,714 to $26,628;
     Section 5(l) of the FTC Act, 15 U.S.C. 45(l) (unfair or 
deceptive acts or practices)--Increase from $46,517 to $50,120;
     Section 5(m)(1)(A) of the FTC Act, 15 U.S.C. 45(m)(1)(A) 
(unfair or deceptive acts or practices)--Increase from $46,517 to 
$50,120;
     Section 5(m)(1)(B) of the FTC Act, 15 U.S.C. 45(m)(1)(B) 
(unfair or deceptive acts or practices)--Increase from $46,517 to 
$50,120;
     Section 10 of the FTC Act, 15 U.S.C. 50 (failure to file 
required reports)--Increase from $612 to $659;
     Section 5 of the Webb-Pomerene (Export Trade) Act, 15 
U.S.C. 65 (failure by associations engaged solely in export trade to 
file required statements)--Increase from $612 to $659;
     Section 6(b) of the Wool Products Labeling Act, 15 U.S.C. 
68d(b) (failure by wool manufacturers to maintain required records)--
Increase from $612 to $659;
     Section 3(e) of the Fur Products Labeling Act, 15 U.S.C. 
69a(e) (failure to maintain required records regarding fur products)--
Increase from $612 to $659;
     Section 8(d)(2) of the Fur Products Labeling Act, 15 
U.S.C. 69f(d)(2) (failure to maintain required records regarding fur 
products)--Increase from $612 to $659;
     Section 333(a) of the Energy Policy and Conservation Act 
(EPCA), 42 U.S.C. 6303(a) (knowing violations of EPCA section 332, 
including labeling violations)--Increase from $503 to $542;
     Section 525(a) of the Energy Policy and Conservation Act, 
42 U.S.C. 6395(a) (recycled oil labeling violations)--Increase from 
$24,714 to $26,628;
     Section 525(b) of the Energy Policy and Conservation Act, 
42 U.S.C. 6395(b) (willful violations of recycled oil labeling 
requirements)--Increase from $46,517 to $50,120;
     Section 621(a)(2) of the Fair Credit Reporting Act, 15 
U.S.C. 1681s(a)(2) (knowing violations of the Fair Credit Reporting 
Act)--Increase from $4,367 to $4,705;
     Section 1115(a) of the Medicare Prescription Drug 
Improvement and Modernization Act of 2003, Public Law 108-173, as 
amended by Public Law 115-263, 21 U.S.C. 355 note (failure to comply 
with filing requirements)--Increase from $16,445 to $17,719; and
     Section 814(a) of the Energy Independence and Security Act 
of 2007, 42 U.S.C. 17304 (violations of prohibitions on market 
manipulation and provision of false information to Federal agencies)--
Increase from $1,323,791 to $1,426,319.

Calculation of Inflation Adjustments

    The FCPIAA, as amended, directs Federal agencies to adjust each 
civil monetary penalty under their jurisdiction for inflation in 
January of each year pursuant to a cost-of-living adjustment.\4\ The 
cost-of-living adjustment is based on the percent change between the 
U.S. Department of Labor's Consumer Price Index for all-urban consumers 
(``CPI-U'') for the month of October preceding the date of the 
adjustment, and the CPI-U for October of the prior year.\5\ Based on 
that formula, the cost-of-living adjustment multiplier for 2023 is 
1.07745. The FCPIAA also directs that these penalty level adjustments 
should be rounded to the nearest dollar. Agencies do not have 
discretion over whether to adjust a maximum civil penalty, or the 
method used to determine the adjustment.
---------------------------------------------------------------------------

    \4\ 28 U.S.C. 2461 note (4).
    \5\ Id. (3), (5)(b); Office of Management and Budget, Memorandum 
M-23-05, Implementation of Penalty Inflation Adjustments for 2023, 
Pursuant to the Federal Civil Penalties Inflation Adjustment Act 
Improvements Act of 2015 (December 15, 2022), available at: https://www.whitehouse.gov/wp-content/uploads/2022/12/M-23-05-CMP-CMP-Guidance.pdf.
---------------------------------------------------------------------------

    The following chart illustrates the application of these 
adjustments to the civil monetary penalties under the Commission's 
jurisdiction.

                         Calculation of Adjustments to Maximum Civil Monetary Penalties
----------------------------------------------------------------------------------------------------------------
                                                                                                   2023 Penalty
                                                                   2022 Penalty     Adjustment     level rounded
               Citation                        Description             level        multiplier    to the nearest
                                                                                                      dollar)
----------------------------------------------------------------------------------------------------------------
16 CFR 1.98(a): 15 U.S.C. 18a(g)(1)...  Premerger filing                 $46,517         1.07745         $50,120
                                         notification violations.
16 CFR 1.98(b): 15 U.S.C. 21(l).......  Violations of cease and           24,714         1.07745          26,628
                                         desist orders.

[[Page 1500]]

 
16 CFR 1.98(c): 15 U.S.C. 45(l).......  Unfair or deceptive acts          46,517         1.07745          50,120
                                         or practices.
16 CFR 1.98(d): 15 U.S.C. 45(m)(1)(A).  Unfair or deceptive acts          46,517         1.07745          50,120
                                         or practices.
16 CFR 1.98(e): 15 U.S.C. 45(m)(1)(B).  Unfair or deceptive acts          46,517         1.07745          50,120
                                         or practices.
16 CFR 1.98(f): 15 U.S.C. 50..........  Failure to file required             612         1.07745             659
                                         reports.
16 CFR 1.98(g): 15 U.S.C. 65..........  Failure to file required             612         1.07745             659
                                         statements.
16 CFR 1.98(h): 15 U.S.C. 68d(b)......  Failure to maintain                  612         1.07745             659
                                         required records.
16 CFR 1.98(i): 15 U.S.C. 69a(e)......  Failure to maintain                  612         1.07745             659
                                         required records.
16 CFR 1.98(j): 15 U.S.C. 69f(d)(2)...  Failure to maintain                  612         1.07745             659
                                         required records.
16 CFR 1.98(k): 42 U.S.C. 6303(a).....  Knowing violations......             503         1.07745             542
16 CFR 1.98(l): 42 U.S.C. 6395(a).....  Recycled oil labeling             24,714         1.07745          26,628
                                         violations.
16 CFR 1.98(l): 42 U.S.C. 6395(b).....  Willful violations......          46,517         1.07745          50,120
16 CFR 1.98(m): 15 U.S.C. 1681s(a)(2).  Knowing violations......           4,367         1.07745           4,705
16 CFR 1.98(n): 21 U.S.C. 355 note....  Non-compliance with               16,445         1.07745          17,719
                                         filing requirements.
16 CFR 1.98(o): 42 U.S.C. 17304.......  Market manipulation or         1,323,791         1.07745       1,426,319
                                         provision of false
                                         information to Federal
                                         agencies.
----------------------------------------------------------------------------------------------------------------

Effective Dates of New Penalties

    These new penalty levels apply to civil penalties assessed after 
the effective date of the applicable adjustment, including civil 
penalties whose associated violation predated the effective date.\6\ 
These adjustments do not retrospectively change previously assessed or 
enforced civil penalties that the FTC is actively collecting or has 
collected.
---------------------------------------------------------------------------

    \6\ 28 U.S.C. 2461 note (6).
---------------------------------------------------------------------------

Procedural Requirements

    The FCPIAA, as amended, directs agencies to adjust civil monetary 
penalties through rulemaking and to publish the required inflation 
adjustments in the Federal Register, notwithstanding section 553 of 
title 5, United States Code. Pursuant to this congressional mandate, 
prior public notice and comment under the Administrative Procedure Act 
(``APA'') and a delayed effective date are not required. For this 
reason, the requirements of the Regulatory Flexibility Act (``RFA'') 
also do not apply.\7\ Further, this rule does not contain any 
collection of information requirements as defined by the Paperwork 
Reduction Act of 1995 as amended. 44 U.S.C. 3501 et seq.
---------------------------------------------------------------------------

    \7\ A regulatory flexibility analysis under the RFA is required 
only when an agency must publish a notice of proposed rulemaking for 
comment. See 5 U.S.C. 603.
---------------------------------------------------------------------------

    Pursuant to the Congressional Review Act (5 U.S.C. 801 et seq.), 
the Office of Information and Regulatory Affairs designated this rule 
as not a ``major rule,'' as defined by 5 U.S.C. 804(2).

List of Subjects for 16 CFR Part 1

    Administrative practice and procedure, Penalties, Trade practices.

Text of Amendments

    For the reasons set forth in the preamble, the Federal Trade 
Commission amends title 16, chapter I, subchapter A, of the Code of 
Federal Regulations, as follows:

PART 1--GENERAL PROCEDURES

Subpart L--Civil Penalty Adjustments Under the Federal Civil 
Penalties Inflation Adjustment Act of 1990, as Amended

0
1. The authority citation for part 1, subpart L, continues to read as 
follows:

    Authority: 28 U.S.C. 2461 note.


0
2. Revise Sec.  1.98 to read as follows:


Sec.  1.98  Adjustment of civil monetary penalty amounts.

    This section makes inflation adjustments in the dollar amounts of 
civil monetary penalties provided by law within the Commission's 
jurisdiction. The following maximum civil penalty amounts apply only to 
penalties assessed after January 11, 2023, including those penalties 
whose associated violation predated January 11, 2023.
    (a) Section 7A(g)(1) of the Clayton Act, 15 U.S.C. 18a(g)(1)--
$50,120;
    (b) Section 11(l) of the Clayton Act, 15 U.S.C. 21(l)--$26,628;
    (c) Section 5(l) of the FTC Act, 15 U.S.C. 45(l)--$50,120;
    (d) Section 5(m)(1)(A) of the FTC Act, 15 U.S.C. 45(m)(1)(A)--
$50,120;
    (e) Section 5(m)(1)(B) of the FTC Act, 15 U.S.C. 45(m)(1)(B)--
$50,120;
    (f) Section 10 of the FTC Act, 15 U.S.C. 50--$659;
    (g) Section 5 of the Webb-Pomerene (Export Trade) Act, 15 U.S.C. 
65--$659;
    (h) Section 6(b) of the Wool Products Labeling Act, 15 U.S.C. 
68d(b)--$659;
    (i) Section 3(e) of the Fur Products Labeling Act, 15 U.S.C. 
69a(e)--$659;
    (j) Section 8(d)(2) of the Fur Products Labeling Act, 15 U.S.C. 
69f(d)(2)--$659;
    (k) Section 333(a) of the Energy Policy and Conservation Act, 42 
U.S.C. 6303(a)--$542;
    (l) Sections 525(a) and (b) of the Energy Policy and Conservation 
Act, 42 U.S.C. 6395(a) and (b), respectively--$26,628 and $50,120, 
respectively;
    (m) Section 621(a)(2) of the Fair Credit Reporting Act, 15 U.S.C. 
1681s(a)(2)--$4,705;
    (n) Section 1115(a) of the Medicare Prescription Drug Improvement 
and Modernization Act of 2003, Public Law 108-173, as amended by Public 
Law 115-263, 21 U.S.C. 355 note--$17,719;
    (o) Section 814(a) of the Energy Independence and Security Act of 
2007, 42 U.S.C. 17304--$1,426,319; and
    (p) Civil monetary penalties authorized by reference to the Federal 
Trade Commission Act under any other provision of law within the 
jurisdiction of the Commission--refer to the amounts set forth in 
paragraphs (c) through (f) of this section, as applicable.

    By direction of the Commission.
April J. Tabor,
Secretary.
[FR Doc. 2023-00382 Filed 1-10-23; 8:45 am]
BILLING CODE 6750-01-P
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