Bill Would Require Online Retailers to Police Their Marketplaces

A new piece of legislation drawing support from the retail industry doesn’t mention Amazon by name, but it is crafted so as to impose new requirements on the company’s third party marketplace.

The Integrity, Notification, and Fairness in Online Retail Marketplaces for Consumers (INFORM) Act was introduced on March 10, by US Senators Bill Cassidy, M.D. (R-LA) and Dick Durbin (D-IL) for the stated purpose of fighting the online sale of stolen, counterfeit and dangerous consumer products by requiring extensive transparency of large-volume third-party sellers in online retail marketplaces. In other words, Amazon. Its third party marketplace accounts for 58% of the company’s retail sales, according to the company’s most recent disclosures… Retail Leader

Stay Updated

Get critical information for loss prevention professionals, security and retail management delivered right to your inbox.