TERMS Act

The purpose of this Act is to ensure that consumers, businesses, and organizations seeking to use the products or services of an online service provider have sufficient information regarding the online service provider’s commercial business standards, processes, and policies with respect to the unilateral termination, suspension, or cancellation of user accounts or ability to use the online service provider’s products or services. Such information allows consumers to make informed choices regarding their decision to use or purchase the services or products of an online service provider and promotes a competitive marketplace for such products or services.