November 27, 2018 IBOMLLC Team

US lawmakers table a Bill to stop Bots from Online Shopping

Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

The US lawmakers from the Democrats wing have tabled the ‘Stopping Grinch Bots Act,’ a Bill that seeks to make it illegal for bots to do online shopping. The Bill further seeks to outlaw the reselling of items purchased by these bots online.

Lawmakers label them ‘Grinch’ bots because, during the holiday season, resellers use them to buy inventory of highly coveted toys that can be resold at highly inflated prices,” reads in part, a report by CNET.

Often times, these bots are so quick that they can purchase entire stocks of items before people can even add them to their carts.”

The Bill was made public on Black Friday by Democrat Senators Chuck Schumer, Richard Blumenthal, and Tom Udall alongside Republican Paul Tonko. Though the Bill was sparked by the frenzy online shopping by bots on the recent Black Friday, should the Bill sail through, it will apply to all online retailers throughout the seasons.

Toys are not the only items affected by purchases from a swarm of bots. Cybersecurity experts say that these bots have also been known to buy out those rare sneakers from companies such …read more

Read more here:: US lawmakers table a Bill to stop Bots from Online Shopping



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