An update to a Georgia law that regulates highly volume third-party sellers on e-commerce platforms that come into force on July 1, 2024, has proven to be controversial in order not only to exceed sales “by the platform”, but also sales with the “use”. This update of the law in Georgia takes place one year after the Federal Supply Act 15 USC ยง 45f came into force. Like the law of Georgia, the federal colleague regulates, collect, collect and disclose information about its highly volume sellers of third-party providers.
The new updates according to Georgia Act 564 (formerly Senate Bill 472) present minor changes to some key definitions in the online market requirements in Georgia in a way that deviate from the Federal Information Act.
In particular, the law changes the definition of the highly volume third -party provider in a way that can integrate in new or additional sales. According to the existing federal laws of the federal government and the states of the federal government and Georgia, high -volume sellers of third -party providers are generally those with at least 200 product sales on this platform of $ 5,000 or more gross revenue. This can include all sales on the platform for the federal law. In order to qualify according to the law of Georgia, it only includes sales and income in this state. Until July 1, 2024, the laws of the federal government and Georgia looked at a sale for this purpose that only included those that were created via the online platform with the payment of the platform or its processor.
The new law of Georgia may expand this definition for Georgia sales by removing the requirement that the platform or its payment processor completed the payment and all sales by “use” the platform and not “use” by the platform. In particular, this requirement does not apply to companies that publicly disclose their own names, address and contact information, identify their identity information on the market and have continuous contractual relationships with the market for manufacturing, sales, wholesalers or fulfillment of consumer products.
As interpreted by NetchOice LLC in its challenge to implement the law, this change would expand the law by a variety of sales sales that were somehow supported by the platform. NetchOice, an industry group that serves important E -Commerce platforms, submitted a lawsuit this month to prevent omissions and relief to prevent the law. The complaint argues that the online market changes in Georgia exceed adequate regulatory limits by requiring platforms to examine and record transactions outside their current visibility.
The law of “Combating Organized Retail Crime” was initiated in February 2024 and signed in the law on May 6, 2024.
Convert into practice: Georgia is not the only state with unique online market report requirements that deviate from the Federal Supply Act. Online sellers and platforms should regularly check their reporting processes to ensure that they are up to date with both the federal government's requirements and state identity examinations.
