Why This Matters
This bill requires online platforms to stop showing fake ads by verifying advertisers' identities and taking steps to prevent scams. It aims to protect consumers from losing money to online fraud.
If you use social media, this bill could help reduce the number of scam ads you see online.
Affects: Consumers who use social media and online platforms for shopping or services.
What changes is this bill making?
1. This bill makes it illegal for online platforms to show fake or misleading ads. 2. Online platforms must verify the identity of advertisers before displaying their ads. 3. Platforms need to take reasonable steps to prevent fraudulent advertisements. 4. The bill aims to protect consumers from scams that often occur on social media. 5. It addresses the growing issue of online fraud and aims to restore trust in digital advertising.
Who is affected?
Consumers who use social media and online platforms for shopping or services.