{"id":8365,"date":"2020-04-30T14:14:00","date_gmt":"2020-04-30T14:14:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2537402"},"modified":"2020-04-30T14:14:00","modified_gmt":"2020-04-30T14:14:00","slug":"amazon-says-its-a-victim-of-trump-admins-personal-vendetta-after-landing-on-counterfeit-list","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/04\/30\/amazon-says-its-a-victim-of-trump-admins-personal-vendetta-after-landing-on-counterfeit-list\/","title":{"rendered":"Amazon says it\u2019s a victim of Trump admin\u2019s \u2018personal vendetta\u2019 after landing on counterfeit list"},"content":{"rendered":"

<\/span>Illustration by Alex Castro \/ The Verge<\/small><\/p>\n

Amazon is not pleased with the decision from the Trump administration to list a number of its foreign websites as havens for counterfeit products in its annual report on “notorious markets” released Wednesday. The report, which looks into intellectual property protection and hot spots for counterfeiting and piracy, put Amazon’s Canada, UK, Germany, France, and India websites on the list as online markets for knockoff goods. It’s the first time a US business has been put on the notorious markets list.<\/p>\n

“The Review of Notorious Markets for Counterfeiting and Piracy highlights 38 online markets and 34 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting and copyright piracy,” reads the press release from the Office of the US Trade Representative. There is no financial penalty or regulatory oversight as a result of being placed on the list, but it does harm Amazon’s reputation and lumps it together with notorious counterfeit-friendly websites.<\/p>\n

“This activity harms the American economy by undermining the innovation and intellectual property rights of US IP owners in foreign markets. An estimated 2.5 percent, or nearly half a trillion dollars’ worth, of imports worldwide are counterfeit and pirated products,” the release goes on to say. The report’s focus remains on mostly on the “distribution of pirated content and counterfeit goods online,” with a new focus on “the nexus between online piracy and malware.”<\/p>\n

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