554F.6 Disclosure requirements. 1. An online marketplace shall do the following:a. Require a high-volume third-party seller with an aggregate total of twenty thousand dollars or more in annual gross revenues on an online marketplace, and that uses an onlinemarketplace platform, to provide the information as specified in subsection 2 to the onlinemarketplace. b. Disclose the information described in this section to consumers in a clear and conspicuous manner in the order confirmation message or other document or communicationmade to the consumer after the purchase is finalized and in the consumer’s accounttransaction history. 2. A high-volume third-party seller subject to this section shall disclose the following:a. The full name of the seller, which may include the seller’s name or seller’s company name, or the name by which the seller or company operates on the online marketplace. b. The physical address of the seller.c. Contact information for the seller, to allow for the direct, unhindered communication with high-volume third-party sellers by users of the online marketplace, including a currentworking phone number, a current working email address, or other means of direct t, unhindered communication with high-volume third-party sellers by users of the online marketplace, including a currentworking phone number, a current working email address, or other means of direct electronicmessaging which may be provided to the seller by the online marketplace. d. When a high-volume third-party seller uses a different seller to supply the consumer product to the consumer upon purchase, and upon the request of an authenticated purchaser,the information described in this section relating to any such seller that supplied the consumerproduct to the purchaser, if the seller is different than the high-volume third-party seller listedon the product listing prior to purchase. 3. An online marketplace shall disclose to consumers in a clear and conspicuous manner on the product listing of the high-volume third-party seller a reporting mechanism thatallows for electronic and telephonic reporting of suspicious marketplace activity to theonline marketplace. 4. If a high-volume third-party seller does not comply with the requirements to provide and disclose information under this section, the online marketplace shall, after providingthe seller with written or electronic ume third-party seller does not comply with the requirements to provide and disclose information under this section, the online marketplace shall, after providingthe seller with written or electronic notice and an opportunity to provide or disclose suchinformation not later than ten days after the issuance of such notice, suspend any futuresales activity of the seller until the seller complies with the requirements. 2022 Acts, ch 1114, §6, 10Referred to in §554F.7 Sat Dec 23 11:04:08 2023 Iowa Code 2024, Section 554F.6 (3, 0)
Iowa Legal Code