Before you sign up to use a service, according to current legislation, which applies practically all over the world, you must agree to the so-called general conditions. These are usually very detailed, multi-page, so almost no one reads them as a result. A group of American politicians came up with the idea to solve this problem by including a mandatory summary, a law aptly called the TLDR.
TLDR (too long, didn’t read) in internet slang is a situation where you have long text, discussion, whatever and some good soul will give you a brief description of what is at stake so that you do not have to spend hours reading. U.S. Senators Bill Cassidy, Ben Ray Lujan, and Congresswoman Lori Traham borrowed the acronym, naming their law. Terms-of-service Labelling, Desing and Readability Act, which is to introduce the TLDR into the general conditions of use of services.
The companies themselves take advantage of this and rely a bit on the fact that customers do not really read the texts and often include debatable obligations, demands, etc., usually about the use of data. Simply a classic situation about small print below the line. A mandatory TLDR is supposed to help solve this, people would be more informed about what they are honored with. Politicians even anticipate that the summary will be really brief so that everyone can find their way around it, they should be at the beginning of the general conditions.
The law then includes other new obligations, for example, online services would have to start listing all recent data leaks and whether people can request the deletion of data associated with their profiles. This is an aspect that the GDPR addresses in Europe.