Re: Alibaba sued in U.S. by luxury brands...AGAIN.
Alibaba is NOT just a place for counterfeit goods. Plenty of legitimate items are sold on Alibaba. Everything from bulk generic goods to chemicals, industrial equipment, etc.
The brand owner's argument is that Alibaba does not do enough to stop the flow of counterfeit goods. But the fact is, most of the trade in counterfeit goods has moved off their site. People importing the counterfeits now deal directly with the suppliers, cutting out Alibaba entirely. So, suing Alibaba, or even shutting it down, isn't going to do very much to make a dent in the counterfeit trade.
Either way, I always recommend staying away from the counterfeit business. They are cracking down more and more and it just is not worth it. 20/20 had a show the other night showing things like counterfeit medicines and airbags and airplane parts. That stuff is scary, because people could get hurt. But is seems like they are phaking EVERYTHING these days, even Crest toothpaste is counterfeited!
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