The maximum civil penalty the Consumer Product Safety Commission can assess against a company for violations of the consumer product safety act is $15,000,000.
On October 27th, 1972, the US Congress passed the Consumer Safety Act (CPSA). It is important to distinguish this law from a previous Senate Joint Resolution from November 20, 1967, which only created a National Commission on Product Safety (NCPS) temporarily and for just 90 days (at a pitiful cost of $100 per day). The United States Consumer Product Safety Commission (CPSC) was founded as a permanent independent agency of the United States federal government and its primary functions were outlined in Section 4 of the 1972 act. According to the law, the CPSC is empowered to create safety regulations and prosecute product recalls for those that pose unreasonably high or significant risks to consumer harm or death.
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