California consumer protection bill criticized by Etsy and Ebay 'will not advance in its present form,' the state lawmaker behind it said.
it would support the controversial bill if it were to include "all online marketplaces regardless of their business models."
Amazon's conditional support of the bill drew ire from Etsy CEO Josh Silverman, who accused Amazon of backing AB 3262 as part of an "abuse of market power play." Silverman said the bill would saddle small businesses with expensive legal fees, effectively wiping out Amazon's competitors. Amazon said the legislation should apply to "all companies who operate online marketplaces," so that there are no loopholes for "some marketplaces to escape accountability.
"To avoid potential liability, a publisher would either need to test and evaluate each product for defects prior to allowing advertising for the product or significantly limit advertising on its site," Dave Grimaldi, the IAB's executive vice president for public policy said in a statement last week. "This would reduce resources for publishers to provide digital news, content, and online services.
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