A GROUP OF POPULAR ONLINE TRAVEL AND SHOPPING PLATFORMS HAVE BANDED TOGETHER TO TAKE ON FAKE REVIEWS.
THE COALITION FOR TRUSTED REVIEWS WILL WORK ON BEST PRACTICES FOR HOSTING ONLINE REVIEWS AND SHARING WAYS TO IDENTIFY FAKE ONES.
THE GROUP — WHICH INCLUDES AMAZON, BOOKING DOT COM, EXPEDIA, GLASSDOOR, TRIPADVISOR AND TRUSTPILOT — SAYS IT AIMS TO PROTECT ACCESS TO “TRUSTWORTHY CONSUMER REVIEWS” WORLDWIDE.
TUESDAY’S LAUNCH OF THE COALITION CAME JUST MONTHS AFTER THE FEDERAL TRADE COMMISSION PROPOSED A BAN ON BUSINESSES PAYING FOR REVIEWS, SUPPRESSING HONEST REVIEWS AND SELLING FAKE SOCIAL MEDIA ENGAGEMENT.
ACCORDING TO A 2021 STUDY BY THE WORLD ECONOMIC FORUM — FAKE REVIEWS IMPACT $152 BILLION IN GLOBAL SPENDING EACH YEAR.