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Alibaba Warned

Alibaba WarnedAlibaba Warned

Alibaba Holding Group Ltd. has to do a better job of fighting the sale of counterfeit goods and pirated materials on its e-commerce websites if it wishes to remain off the US government’s annual “Notorious Markets List,” according to a warning Thursday from the US Office of the Trade Representative, Bloomberg reported. While the federal agency stopped short of putting Alibaba on the registry, it issued a stern warning that the company’s efforts to fight piracy and respond to complaints would be monitored in the coming year for signs of improvement.

 

Financialtribune.com