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Alibaba Moves to Stop Counterfeits on its Websites

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Washington—Following some scathing comments of the U.S. Trade Represenative, Alibaba has brought in a former counterfeit-battling executive from Apple to battle its problem of fake goods. Matthew Bassiur , who was vice president Deputy Chief Security Officer at Pfizer, now will become Vice President, Head of Global Intellectual Property Enforcement at …

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Research Shows a Staggering 24% of Consumers Have Been Duped by Online Counterfeiters

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San Francisco—Almost one quarter of consumers have bought a product online that turned out to be counterfeit, including fashion or footwear, electronics and digital content. This is according to new research commissioned by MarkMonitor, a leader in enterprise brand protection. The survey, conducted by a leading market research company Opinium, …

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Tiffany Wins over $2 Million Judgment Against Counterfeiters

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Companies selling counterfeit Tiffany jewelry just got a rude awakening. The United States District Court for the Southern District of Florida just awarded Tiffany & Co. $2.2 million in damages against 78 website operators (i.e. TiffanyandCoMall.com and TiffanycoOutlet.co.uk) selling counterfeit Tiffany jewels online. The judgment ordered the domain names transferred …