H.R.6508 - E-STOP Act112th Congress (2011-2012)
|Sponsor:||Rep. Davis, Susan A. [D-CA-53] (Introduced 09/21/2012)|
|Committees:||House - Energy and Commerce|
|Latest Action:||House - 09/26/2012 Referred to the Subcommittee on Commerce, Manufacturing, and Trade. (All Actions)|
This bill has the status Introduced
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Summary: H.R.6508 — 112th Congress (2011-2012)All Information (Except Text)
Introduced in House (09/21/2012)
Ensuring Shoppers Transparency in Online Pricing Act of 2012 or the E-STOP Act - Directs the Federal Trade Commission (FTC) to promulgate rules requiring an Internet merchant with annual gross revenue of more than $1 million to disclose to each consumer, prior to the final purchase of any good or service, the use of a price-altering computer program. Defines "price-altering computer program" as one that: (1) accesses a consumer's personal information, including information about the consumer's computer and browsing history; and (2) uses such information to alter the merchant's selling price of a good or service. Allows exemptions to accommodate the reasonable expectations of consumers concerning price changes.
Deems a violation of a rule promulgated under this Act to be an unfair or deceptive act or practice under the Federal Trade Commission Act.