Counterfeit products flood internet ahead of holidays
One business owner said hundreds of third-party sellers are selling counterfeit versions of his product online.
Source: cbsnews.com
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Amazon blocks 10B listings in crackdown on counterfeits
Amazon blocked more than 10 billion listings as part of its push toward driving out counterfeit products, the e-commerce giant said Monday. Amazon said in its brand protection report that it invested more than $700 million and more than 10,000 employees as part of the effort to protect the online store from fraud and abuse. The company also said its verification processes prevented more than 6 million attempts to create selling accounts, stopping bad actors before they published any products for sale. Just 6 percent of attempted account registrations passed Amazon’s verificati...
Source: thehill.com