Chamber Asks Congress to Pass INFORM Consumers Act
The U.S. Chamber of Commerce sent a letter to members of Congress asking that they pass the INFORM (Integrity, Notification, and Fairness in Online Retail Marketplaces) Consumers Act, which would require online retail marketplaces to identify third-party sellers that reach certain volumes. The Chamber said, "This legislation would deter retail crime by closing off a prominent avenue by which criminals seek to profit by selling stolen goods, often to unsuspecting customers."
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
While the letter was focused on efforts to combat shoplifting, advocates believe the INFORM Consumers Act also would help curtail the sale of counterfeits online.