The U.S. Consumer Product Safety Commission (CPSC) voted last week to approve (4-1) a final rule interpreting factors to be considered when seeking a civil penalty amount for knowing violations of CPSC laws.
The new factors required to be considered are: (1) the nature, circumstances, extent, and gravity of the violation, including the nature of the product defect or the substance; (2) the appropriateness of the penalty in relation to the size of the business or of the person charged, including how to mitigate undue adverse economic impacts on small businesses; and (3) other factors as appropriate.
These factors are … Read the rest