Long and complicated terms of service that users must agree to for most websites and online services would be banned under a new bill introduced in the House.
The Terms-of-Service Labeling, Design, and Readability (or TLDR) Act, introduced Thursday by Democratic Rep. Lori Trahan of Massachusetts, would require all major businesses to create a simple and short summary of their terms of service page, thereby making it easy to comprehend for the average consumer. “TLDR” is online slang for “too long; didn’t read.”
The bill would grant the Federal Trade Commission and state attorneys general the power to fine companies that violate the legislation’s statutes.
“For far too long, blanket terms of service agreements have forced consumers to either