CAN NEW TECHNOLOGIES THWART COUNTERFIETERS
Earlier this month, Jack Ma, chairman of Chinese e-commerce giant Alibaba, made headlines when he declared that counterfeiters can “make better quality, better prices than the real product.” Ma’s comment, made to investors at a company meeting, came during an ongoing dispute over Alibaba’s induction into the International Anti-Counterfeiting Coalition (IACC). After Alibaba joined in April, IACC members Michael Kors, Gucci America and Tiffany & Co. all quit the US-based lobbying group in protest over the sale of counterfeit goods on Alibaba and its affiliate sites. In May, the IACC suspended Alibaba’s membership.
https://www.engadget.com/2016/07/01/alibaba-announces-new-system-to-track-and-remove-fake-goods/
Related Posts
Gohana 50K masks, raw material seized.
A team of the CM flying squad led by DSP Ajit Singh raided a floor tile showroom...
Policymakers must address the growing counterfeit drug menace
Today, when we Americans swallow a pill from a bottle that was filled by our...
Man smuggling out foreign currency held at Delhi airport
New Delhi: An Indian National travelling from Delhi to Dubai was nabbed at the...
DRI: Gang smuggled Rs 1,000 crore gold in eight months till racket was busted.
MUMBAI: Directorate Revenue of Intelligence (DRI), probing the 110kg gold...
