H.R. 6508 · 112th Congress
E-STOP Act
- Stage
- In committee
- Sponsor
- Susan Davis
- Introduced
- 2012-09-21
- Latest action
- 2012-09-26 · Referred to the Subcommittee on Commerce, Manufacturing, and Trade.
Summary
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.