No, The Grinch Bots Act Won’t Fix The GPU Shortage

The US House of Representatives will hear a new bill: the Stopping Green Bots Act. It targets people who use bots to get their hands on high-demand products online and prohibits the use of bots and the sale of products bought with bots. Don’t set your expectations too high, though: shutting down the Greenbot Act won’t fix the lack of a GPU.

I look forward to seeing the text of the bill with keen interest. But the books already contain many similar consumer protection laws and their effectiveness is not very high. I’m going to explain what the Stopping Green Bots Act is, why it’s not working to make up for the lack of GPUs and consoles, and why it certainly doesn’t arrive on time to save Christmas.

What is the Stopping Grinch Bots Act?

The Stopping Green Bots Act was introduced in the House of Representatives on November 30, 2021 Although it seems more likely to be passed due to an earlier bill that has achieved the same goal, it is important to note that this bill has not yet been approved by the legislature. Is.

The Stopping Green Bots Act 2016 is based on a section of law signed into law: the BOTS, or Better Online Ticket Sales, Act. The purpose of this law is to prevent bots from buying tickets to concerts and other events so that they can be resold at a higher price. The Stopping Grinch Bots Act does the same, but applies to all online sales, including consoles and GPUs.

We do not yet have the text for the Stopping Green Bots Act, but BOTS provides some clues as to what is included in the law.

Basically, it prohibits the sale of tickets obtained through bots and bots. Significantly, the bill does not prohibit the use of bots as a whole. It clearly states that bots are still a fair game, as long as they are used to research the purchase method, not to buy tickets.

The BOTS bill is not the first, although it is the first to be passed at the federal level. California passed a similar law in 2014, and Oregon has a law on books that prohibits the sale of bone-chilling tickets. New York also signed a similar law in 2016. However, Oregon law actually prohibits the sale of ticket-buying bots. BOTS does not work.

It is important to note that the Stopping Grinch Bots Act is an attempt to solve the problem of resellers which has plagued the GPU and console market for over a year now. While the law targets parents trying to buy hot ticket toys at Christmas, it does apply to all e-commerce sales.

Who enforces the law and how?

The BOTS Act empowers the Federal Trade Commission (FTC) to enforce the law, and the Stopping Green Bots Act should be no different. This should allow the FTC to file civil or class action lawsuits against resellers who have used bots to buy something online.

Unfortunately, the FTC is not interested in enforcing the BOTS Act. It brought its first lawsuit under the law in early 2021, almost five years after it was signed. The lawsuit was filed against three high-profile ticket resellers who, according to the FTC, made millions of dollars from illegal ticket resellers.

Five years is not the deadline for future consoles and GPU buyers can expect it. While it’s possible that the FTC will speed things up with the Stopping Greenbots Act if it becomes law, I’m not holding my breath. The government’s snail’s pace isn’t moving towards graphics cards and consoles, let alone the hottest toys in the neighborhood for the holiday season.

It is also important to consider the cost. The Congressional Budget Office (CBO) estimates the cost of the BOTS bill will be approximately $ 500,000 per year. This is a big change for the US government, and that does not mean that O 500,000 is allocated each year to implement the BOTS Act. Still, it’s a lot of money for a case that took five years to appear.

Will the Green Bots Act help with the lack of GPUs and consoles?

New. Even if the Stopping Grinch Bots Act for Christmas comes through the legal chain, it will do nothing to stop scalpers from using bots to buy consoles and graphics cards. This is a bill that would give the FTC the ability to respond to bot usage, at first, not stopping them.

However, this is not the main problem of this bill. One of the problems is timing. If the FTC can work today – which is not the case – it will still need to find the scalpers, gather evidence that they are using bots, and file a lawsuit. That too does not take into account any legal process.

However, the key issue is jurisdiction. Like the BOTS Act, the US government has no authority to enforce the Stopping Greenbots Act anywhere else in the world.

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