The United States has introduced legislation to crack down on the sale of stolen goods online! It may make it more difficult for sellers to comply with regulations

It is learned that according to foreign media reports, in recent years, with the development of online markets, some criminals have frequently sold stolen items through online markets. Especially under the circumstances of record e-commerce sales during the epidemic, organized retail crime has spread.

The US Congress is reportedly introducing legislation to target this phenomenon. Recently, CEOs of nearly 20 retail companies expressed their support for legislation targeting online marketplaces such as Amazon and eBay in a letter to congressional leaders.

U.S. retailers lose $45 billion a year to stolen merchandise, up from $30 billion a decade ago, according to the Retail Law Enforcement trade group.

The criminals typically target retail chains, with stolen goods ranging from furniture and electronics to beauty products and over-the-counter medicines appearing on large platforms such as Facebook Marketplace, OfferUp and Amazon.

The report pointed out that the new bill is designed to make it more difficult to sell stolen goods, thereby reducing theft. These criminals often use fake usernames and untraceable email addresses to sell goods. The new legislation will require third-party sellers to disclose basic information to consumers, including the seller's name, company address, email address, phone number, etc.

It is worth noting that there are two versions of the bill, one by the Senate and the other by the House. The difference between the two is that the Senate version will also verify sellers with large sales, which may make it more difficult for sellers to comply. Large sales sellers are defined as suppliers who have made 200 or more discrete sales of $5,000 or more in a 12-month period.

Amazon expressed support for the House version of the bill, but also pointed out that the Senate version of the bill could harm honest sellers and its real purpose is to support large physical retailers at the expense of honest sellers.

Regardless of which bill is passed, the platform will increase the level of strictness in reviewing sellers. As long as sellers operate in good faith, compliance is not a big problem.

Editor ✎ Xiao Zhu/

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