Chinese e-commerce giant Alibaba recently joined an international anti-counterfeiting alliance. But once it did, some of that group’s members started sounding like they’d rather team up with the 40 thieves.
In April, the International Anti-Counterfeiting Coalition announced that it had accepted Alibaba—which has a reputation for turning a blind eye to knock-off goods—as its newest member. In a May 6 statement, the IACC said that Alibaba was admitted as part of a new program to include online intermediaries as “one aspect of our broader, more holistic approach to fighting counterfeiting.”
But two luxury retailers who belonged to the group disagreed. Gucci America left the IACC in early May without comment, but the Associated Press reported IACC vice president Candice Li-Uzoigwe as saying, “They were not happy about Alibaba joining.” Michael Kors left the IACC in April, calling Alibaba “our most dangerous and damaging adversary.”
Bloomberg News reported in April that Alibaba’s joining was the culmination of a three-year program to ban rogue sellers and fraudulent listings from its platform. That effort also included hiring a former Justice Department prosecutor and Apple cybercrime investigator to fight counterfeiting.
Alibaba is trying to repair its reputation and joining the IACC will certainly help. But as the luxury brand defections show, it’s going to be hard to put that genie back in the bottle.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)