Federal Trade Commission Amendments

[AI summary unavailable — showing source text] Federal Trade Commission Amendments - Imposes, under the Federal Trade Commission Act, a civil penalty of $5,000 per day for each day any person, partnership, or corporation fails to provide reports or documentary evidence or fails to testify before the Federal Trade Commission when required to do so. Makes cease and desist orders of the Commission, after the 13th day following the due date of such information, final 60 days after such order is served unless stayed by an appropriate court. Sets forth the applicability of this Act to banks, common carriers, and air carriers. Empowers the Commission to have a trustee or receiver appointed by a district court whenever the Commission has reason to believe that a violation of law enforced by the Commission is about to occur and that such appointment would be in the public interest. Provides for the bringing of civil actions by consumers, partnerships, and corporations injured by any unfair or deceptive act or practice in State courts and in Federal court where the amount in controversy exceeds $25,000 in the aggregate. Specifies notice requirements when class suits are brought. Authorizes the Commission to make rules for the assessment …