$460 billion worth of counterfeit goods were bought and sold in 2016, this is around 2.5% of all world trade.
In 2017, we saw an increase of companies taking action towards counterfeit products, whether it’s a luxury brand settling a lawsuit with an online marketplace or it’s a marketplace protecting customers from fake products.
Here is a short list of happenings in 2017:
- Alibaba settles a lawsuit with Kering
- Chanel won claim against sellers on Amazon
- German carmaker Daimler sues Amazon for being complicit in sale of counterfeit Mercedes-Benz parts
- eBay launches eBay authenticate
Last year we removed almost 1 000 000 counterfeit items for our customers. That equals 3.2% of total items we rejected.
To help you take action we’ve put together a counterfeit filter checklist. The short guide will teach you how to set up accurate filters to catch counterfeit items on your site: