Definitions

For purposes of this Act: (1) Commission The term Commission means the Federal Trade Commission. (2) Deceptive The term deceptive — (A) has the meaning given the term in section 5 of the Federal Trade Commission Act (15 U.S.C. 45); (B) shall be interpreted consistent with any guidance of the Commission or precedent of Federal courts applying such section; and (C) for purposes of this Act, is limited to material misrepresentations, omissions, or practices that are likely to cause financial harm to a consumer. (3) Online platform The term online platform means any public-facing website, online service, online application, or mobile application that predominantly provides a community forum for user-generated content, such as sharing videos, images, games, audio files, or other content, including a social media service, social network, or virtual reality environment.