Monday November 28, 2016

Amazon Gets Real About Fakes

It looks as though Amazon is finally doing something about counterfeiters. The company is clamping down on fake items by, among other things, putting more tools in place for manufacturers to report knock-offs and fake products.

Now, the world's biggest online retailer is getting serious. It has made fighting phonies a major goal for 2017, building teams in the U.S. and Europe to work with major brands on a registry to prevent fakes, according to a person familiar with the initiative, who was not authorized to speak about the matter and requested anonymity. Discussions with Major League Baseball and the National Football League about selling merchandise on Amazon hit a standstill earlier this year due to concerns about Amazon's lack of control over fakes, the person said.