Today President Biden signed Congress’ 2023 omnibus spending package, which includes the INFORM Consumers Act, crucial legislation to insert transparency and accountability into online marketplace transactions. The Retail Industry Leaders Association (RILA) issued the following statement from President Brian Dodge in response.
“Retailers are elated that the INFORM Consumers Act was part of the package signed by President Biden today. This legislation is a crucial component in retailers’ fight against organized retail crime and will send a clear message to bad actors that online marketplaces will no longer serve as a safe haven for counterfeit and stolen merchandise.
“Seeing this legislation become law is the culmination of three years of collaboration and commitment from a broad and diverse group of stakeholders who all recognize the magnitude of this problem and were able to coalesce around this commonsense solution. That INFORM ultimately made its way through Congress and to the president’s desk with strong bipartisan and bicameral support is a testament to all that hard work.
“We thank INFORM’s champions in Congress – Senators Durbin (D-IL) and Cassidy (R-LA) and Representatives Schakowsky (D-IL) and Bilirakis (R-FL) – and our many partners – small business owners, community leaders, state retail associations, retail asset protection leaders, state attorneys general, and more – for their efforts in getting this bill to the finish line. Our work battling organized retail crime is far from over, but this is a huge step forward in protecting consumers, retail workers, and all the communities who have felt its impact.”
RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs, and more than 100,000 stores, manufacturing facilities, and distribution centers domestically and abroad.
Organized Retail Crime
Keeping Communities Safe