Attention Kentucky business owners: Are you aware of your obligations under the Kentucky Consumer Protection Act (KCPA)? Recent statistics from the Kentucky Attorney General’s office reveal a sharp increase in enforcement actions under this vital piece of legislation.
In 2023 alone, the Attorney General’s office initiated over 150 enforcement actions against businesses for violations of the KCPA, marking a 30% increase from the previous year. These cases involved a range of issues, from misleading advertising to unclear service contract terms. Businesses found in violation faced fines averaging $25,000 per incident, with some penalties exceeding $100,000 depending on the severity of the infraction.
These statistics underscore the importance of staying compliant with the KCPA to avoid costly legal battles and protect your business’s reputation. It’s essential for every Kentucky business to regularly review their practices, ensuring transparency in advertising, clear communication with customers, and adherence to all relevant regulations.
At Miller Edwards Rambicure we’re here to help you navigate these complex requirements and safeguard your business against potential liabilities. Contact us today for a consultation on how to protect your business and maintain the trust of your customers.