Taobao to crack down on fake luxury items
Sellers of luxurious items on China’s biggest online marketplace must prove product authenticity or face being shutdown starting May 20, Labor Daily reported.
Alibaba Group Holding’s platfom Taobao.com has been frequently criticized for being a hotbed of fake branded products, despite moves to crack down on unscrupulous sellers.
Sources said traders must provide proof their luxury products are authentic and genuine, otherwise these products would be removed or the store closed.
Details of sellers who seriously violate rules will be passed on to commercial regulators or police bureaus for further investigation.
http://www.china.org.cn/business/2016-05/10/content_38418155.htm
Related Posts
Cigarette smuggling causing over Rs 20bn loss annually
The country suffers an annual loss of over Rs 20 billion owing of illegal tobacco...
Fakes, Phonies & Frauds
As the world has grown smaller, more and more foreign-made goods are hitting our...
P4B duties, 1M jobs lost due to pork meat smuggling—agri group
The SamahangIndustriya ng Agrikultura (Sinag), a leading agricultural group in...
Fake cosmetics manufacturing unit busted in Faridabad, two arrested
A team of the Food and Drug Administration (FDA) Department has busted a factory...