The Commission will supervise the so-called very large online platform under threat of various regulatory curbs and potential fines of up to 6 percent of Shein’s global annual revenue. It joins more than 20 major platforms such as AliExpress, TikTok and Amazon that have already been designated as very large online platforms. Chinese e-commerce platform Temu … Read more
Amazon suggests that its fight against fakes has been so successful, fewer bad actors are even trying anymore. According to its Brand Protection Report for 2023, released early Tuesday morning, the company’s Counterfeit Crimes Unit blocked more than 700,000 suspicious attempts to create seller accounts, before “they were able to list a single product.” In … Read more
The South African Police Service (SAPS) have seized more than R30 million in fakes, according to government news. Counterfeit goods, including branded clothing, are big business for criminals – though sometimes crime really doesn’t pay off. A sting by the Counterfeit Unit uncovered millions worth of counterfeit items. The items were confiscated, and those selling … Read more
