22 Dec '16, 2pm

US puts China’s #Taobao back onto piracy blacklist https://t.co/5du55pL59U

US puts China’s #Taobao back onto piracy blacklist https://t.co/5du55pL59U

WASHINGTON — The United States has returned Taobao, China’s most popular consumer-to-consumer shopping website, to its blacklist of “notorious marketplaces” known for the sale of counterfeit goods and violations of intellectual property rights. The move on Wednesday (Dec 21), by the US Trade Representative’s (USTR) office against the online bazaar run by Alibaba Group Holding, followed complaints from US and international trade groups for apparel and luxury goods that Taobao was not doing enough to police the sales of fakes and pirated products. Inclusion on the blacklist does not carry any direct penalties but is a blow to Alibaba’s efforts to shed perceptions that its websites are riddled with fakes — a key to gaining a bigger international customer base and taking market share from global competitors such as eBay and Amazon.com. Alibaba touts Taobao as China’s largest o...

Full article: http://www.todayonline.com/business/us-puts-chinas-taobao...

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