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The Consumer Protection and Due Process Act

Source: Congress.gov  ·  1,899 words in original text
This bill changes the rules for how the Federal Trade Commission can punish companies that harm consumers through unfair or deceptive practices. It allows courts to order companies to repay consumers, return property, cancel contracts and give money back to people who were wronged. The bill also allows the Attorney General to collect damages from companies that break antitrust laws.
Companies, partnerships and corporations accused of unfair or deceptive business practices. Consumers who lose money or property because of these unfair practices. The Federal Trade Commission and the Attorney General.
• A court can order a company to pay back money to consumers if the company benefited from unfair or deceptive acts, as long as the court has solid proof that the act was one a reasonable person would know was unfair or deceptive and the consumer actually relied on it. (Sec. 2(a)(1)(A)) • The Federal Trade Commission has 3 years from when a violation happens to ask a court for repayment, refunds, contract cancellation, or contract changes. (Sec. 2(a)(1)(B)) • A court can order a company to pay back any unfair profits the company made from the violation, but the payment cannot be more than the company's actual net profits related to that violation. (Sec. 2(a)(2)(A)) • The Federal Trade Commission has 3 years from when a violation happens to ask a court to order the company to return unfair profits. (Sec. 2(a)(2)(C)) • A court cannot assume a consumer relied on a company's unfair or deceptive practices just because the consumer was exposed to them. The Federal Trade Commission must prove the consumer actually relied on the unfair practice. (Sec. 2(a)(4)(B)) • When the Federal Trade Commission wins a case about unfair competition, it can refer the case to the Attorney General to collect actual damages. (Sec. 2(a)(f)) • The Attorney General can sue in federal court to recover damages and attorney fees on behalf of people injured by violations of antitrust laws without any limit on how much money is at stake. (Sec. 3(a))
The Federal Trade Commission gains new power to ask courts for equitable relief (a legal term meaning fairness-based remedies like refunds and repayment), not just temporary orders to stop illegal behavior. Courts can now order companies to repay consumers, cancel or fix contracts, return property and return unfair profits they made. The bill requires stronger proof that a reasonable person would have known about the unfair practice and that the consumer actually relied on it before a court can order repayment. The Attorney General gains power to sue directly for damages from antitrust violations without restrictions on the amount of money involved.
• Equitable relief: Court orders that require companies to fairly correct wrongs by repaying money, canceling contracts or returning property. • Disgorgement: A court order requiring a company to give back unfair profits it gained from illegal acts. • Restitution: Payment a company must make to repay consumer losses caused by its violation. • Rescission: Canceling a contract as if it never happened. • Reformation: Changing the terms of a contract by court order. • Unfair or deceptive acts or practices: Business conduct that a reasonable person would know violates consumer protection laws. • Antitrust laws: Federal laws that prevent companies from unfairly blocking competition.
These changes apply to any lawsuit started on or after the date the bill becomes law. Not specified in bill text when the bill becomes law.
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.