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Standard Summary
Comprehensive overview in 1-2 paragraphs
The TLDR Act requires covered entities to provide short-form terms of service summaries and graphic data flow diagrams to improve consumer understanding of privacy policies.
Key Points
- 1Requires short-form terms of service summary statements
- 2Mandates graphic data flow diagrams showing data sharing
- 3Requires interactive data format for full terms of service
- 4Covers sensitive information categories and legal liabilities
- 5Enforcement by FTC and state attorneys general
- 6Applies to commercial websites and online services (excludes small businesses)
Impact Areas
Consumers and internet usersOnline businesses and tech companiesPrivacy and data protectionFederal Trade CommissionState consumer protection agencies
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