What’s in the News?

Counterfeit Products In The News:


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Consumers in line for $70 million Amazon settlement   external link


Apr 04, 2017 - By Laura Stevens
Amazon.com Inc. can begin refunding as much as $70 million to consumers for in-app purchases made by children, following the end of a legal battle with the Federal Trade Commission.
 
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Consumers Deceived, eBay Profits Selling Counterfeits


Apr 04, 2017 - By TCR Press Release
eBay won't knock off selling the fakes -- an illegal $1.7 trillion global criminal enterprise that is profitable, difficult to track and widely unpunished.
 
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Walmart Still Selling Counterfeits Despite Complaints


Mar 29, 2017 - By TCR Press Release
Walmart has a counterfeit problem. Both Walmart, and any outside seller who Walmart allows to list on the Walmart's website, can sell counterfeit items.
 
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Amazon's Credibility Problems Grow


Mar 28, 2017 - By TCR Press Release
Amazon, already under fire for allowing and enabling the sale of counterfeits, is now facing a Consumer Watchdog report of deceptive pricing practices. The problem is that anybody, anywhere, can sell just about anything on the website.
 
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Crackdown Required For eBay and Amazon Counterfeits


Mar 22, 2017 - By TCR Press Release
eBay and Amazon have a counterfeit problem. Anybody, anywhere, can sell just about anything on the websites. Both sites allow unvetted worldwide sellers to inundate their websites with fake products.
 
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Amazon Counterfeit Destroys $1 Million Home, Injures Children


Mar 15, 2017 - By TCR Press Release
A Tennessee family is suing Amazon for $30 million after a counterfeit hoverboard caught fire and completely destroyed their $1 million Nashville home, injuring two of the family’s four children.
 
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Nashville family sues Amazon after hoverboard fire destroys house   external link


Mar 12, 2017 - By Stacey Barchenger sbarchenger@tennessean.com
A Nashville family whose $1 million home was destroyed earlier this year in a fire caused by an alleged counterfeit hoverboard is now suing Amazon saying the retail giant knowingly sold a dangerous product.
 
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Alibaba CEO Calls On Chinese Law Enforcement to Wage War on Fakes   external link


Mar 10, 2017 - By Vicky Huang - thestreet.com
Jack Ma wants Chinese law enforcement to penalize counterfeiters like drunk drivers, with fines and jail time.
 
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Alibaba's U.S. Notorious Market Condemnation Well Deserved


Mar 09, 2017 - By TCR Press Release
Alibaba CEO Jack Ma wants China’s top lawmakers to come down hard on counterfeiting, and jail time for those who sell them, but the focus is equally suited to Alibaba.
 
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Amazon and eBay - Perfect Marketplaces for Counterfeits


Mar 08, 2017 - By TCR Press Release
Amazon and eBay have become perfect platforms to enable and support distribution of counterfeit goods, a $1.7 trillion global criminal enterprise. The problem is that anybody can open a marketplace shop and sell anything on the websites.
 
 

 
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