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Rep. Paul Tonko calls for FTC to stop 'Grinch Bots' from ruining holiday shopping
1 month ago | By WGN TV
WASHINGTON - There's a growing army online, making holiday gifts and toys, more expensive.
"Certain items that children really desire are unaffordable because of the cyber bots operation," Rep. Paul Tonko said.
Tonko authorized a bill to stop so-called grinch bots and is also calling on the FTC to step in and prevent these bots from buying up merchandise and reselling at a profit.
"When you've cornered that market, you then have the power to perhaps double the price. Retailers will give us a range of activity that is far from just an incremental increase," Tonko said.
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