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United States of America: Introduced INFORM Act requiring online marketplaces to verify certain information on high-volume third party sellers

Policy overview

Description

Introduced INFORM Act requiring online marketplaces to verify certain information on high-volume third party sellers

The Bill "To require online marketplaces to verify certain information regarding high-volume third party sellers of consumer products on such online marketplaces and to disclose to consumers certain contact and other information regarding such high-…

Scope

Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2021-10-05
under deliberation

The Bill "To require online marketplaces to verify certain information regarding high-volume third …

2022-12-22
under deliberation

On 22 December 2022, the Senate passed the INFORM Consumers Act by incorporating it into the Consol…

2022-12-23
adopted

On 23 December 2022, the INFORM Consumers Act was adopted by the House of Representatives. The ACT …

2022-12-29
in grace period

On 29 December 2022, the INFORM Consumers Act entered into force after being signed into law by the…

2023-06-27
in force

On 27 June 2023, the INFORM Consumers Act was implemented, 180 days after it was enacted. The ACT w…

Key regulatory dimensions

Regulated subjects

The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type Private organisation
Economic activity platform intermediary: e-commerce
Category All
2
Type Private individual
Economic activity other service provider
Category All
3
Type Private individual
Economic activity other service provider
Category All

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.
all goods (physical or digital): sale
Regulatory tool
Regulator disclosure requirement
Sanctions
Regulated subjects
1 2 3
Regulatory tool
User notification requirement
Sanctions
Regulated subjects
2 3

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.

all goods (physical or digital): sale