Retailers launch coalition to fight counterfeits on Amazon
Reuters
Published Aug 14, 2020 09:34AM ET
Updated Aug 14, 2020 03:01PM ET
By Nandita Bose
WASHINGTON (Reuters) - The Retail Industry Leaders Association (RILA), whose members include companies such as Walmart Inc (N:WMT) and Target Corp (N:TGT), said on Friday it has joined over a dozen trade groups to form a coalition to fight counterfeit goods on online platforms such as Amazon.com Inc (O:AMZN).
The coalition, called The Buy Safe America Coalition, will back legislation that would require digital marketplaces to verify information about third-party merchants on their platform, RILA said.
The lobbying push comes at a time when Amazon has been under scrutiny from lawmakers and the White House over the sale of counterfeit items.
In addition to RILA, the Toy Association, American Apparel & Footwear Association, the Fashion Jewelry and Accessories Trade Association and other industry groups are also joining the coalition.
Bloomberg was first to report the story.
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Written By: Reuters
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