Democrat and Republican lawmakers makers are backing a proposed ‘TLDR Act’ that aims to simplify overly complicated terms of service agreements on websites.
It also aims to force companies to reduce the burden on consumers of reading and agreeing to complicated statements regarding how their data will be used.
The Terms-of-service Labeling, Design, and Readability Act or the ‘TLDR Act’ would require websites to offer a summary statement of their terms of service (ToS). TLDR refers to the popular acronym ‘too long, didn’t read’.
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That summary statement should be…
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