U.S. adds e-commerce sites operated by Tencent, Alibaba to 'notorious markets' list

  • 📰 Reuters
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

E-commerce sites operated by China's Tencent and Alibaba were included on the U.S. government's latest ‘notorious markets’ list, the U.S. Trade Representative's office said

were included on the U.S. government's latest "notorious markets" list, the U.S. Trade Representative's office said on Thursday.

"This includes identifying for the first time AliExpress and the WeChat e-commerce ecosystem, two significant China-based online markets that reportedly facilitate substantial trademark counterfeiting," the USTR office said in a statement.

Tencent said it strongly disagreed with the decision and was "committed to working collaboratively to resolve this matter". It added it actively monitored, deterred and acted upon violations across its platforms and had invested significant resources into intellectual property rights protection.Industry bodies including the American Apparel and Footwear Association and the Motion Picture Association welcomed the release of the report by the USTR.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines