Amazon Announces Effort To Crack Down On Counterfeit Products

  • Amazon Inc. announced on Thursday a counterfeit-tracking initiative in an effort to help retail and online stores crack down on marketplace counterfeits and organized crime on their platform.
  • In a news release, Amazon said that its Anti-Counterfeiting Exchange (ACX) will allow participating stores to share information about confirmed counterfeiters who attempted to use their services to try to sell counterfeit products.
  • Along with sharing information about the counterfeits, ACX subscribers can also identify and stop possible thefts quicker than usual.
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