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US S3431

US S3431
INFORM Consumers Act Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act


summary

Introduced
03/10/2020
In Committee
03/10/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A BILL To require online marketplaces to disclose certain verified information regarding high-volume third party sellers of consumer products to inform consumers. 1

AI Summary

This bill, the Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers Act (INFORM Consumers Act), requires online marketplaces to verify the identity of high-volume third-party sellers (those who have at least 200 sales or $5,000 in gross revenue over a 12-month period) and disclose certain verified information about these sellers to consumers, such as their full name, business address, and contact information. It also requires online marketplaces that fulfill or ship orders to disclose the identity of any high-volume third-party seller supplying the product if different from the seller listed on the product page. The Federal Trade Commission is responsible for enforcing these requirements, which are treated as violations of unfair or deceptive trade practices under the Federal Trade Commission Act.

Committee Categories

Transportation and Infrastructure

Sponsors (5)

Last Action

Read twice and referred to the Committee on Commerce, Science, and Transportation. (on 03/10/2020)

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