FABRIC Act

The FABRIC Act, also known as Bill 118 s 2817, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address the issue of counterfeit goods being sold online.

The FABRIC Act stands for the "Fight Against Counterfeit Goods Act." It aims to strengthen the ability of US Customs and Border Protection to identify and seize counterfeit goods that are being imported into the country. The bill would require online marketplaces, such as Amazon and eBay, to verify the identity of high-volume third-party sellers and provide that information to Customs and Border Protection.

Additionally, the FABRIC Act would establish a process for rights holders to report counterfeit goods to online marketplaces and require those marketplaces to take down listings of suspected counterfeit goods within a certain timeframe. The bill also includes provisions for increased penalties for individuals and entities found to be selling counterfeit goods. Overall, the FABRIC Act is designed to protect consumers from purchasing counterfeit goods online and to help rights holders protect their intellectual property. It is currently being debated in Congress and may undergo changes before potentially being passed into law.