House INFORM Consumers Act Passes Committee
The INFORM Consumers Act passed out of the House Commerce Committee this week (see 2111050021). The bill aims to crack down on sellers of counterfeit goods and make it harder for shoplifting rings to sell the stolen goods online. E-commerce…
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platforms would need to find out more information about their sellers, and there would have to be a way to submit complaints by consumers to sellers with a certain volume of sales. The Transnational Alliance to Combat Illicit Trade hailed the vote on Nov. 17, saying, “We urge the full House to vote on this important bipartisan bill as soon as possible," through the nonprofit's Director General Jeffrey Hardy. Hardy said INFORM Consumers "has unified retailers, consumer groups, leading online marketplaces, small online sellers, manufacturers and all those serious about stopping the sale of counterfeit and stolen goods online.”