Alibaba to settle $250m counterfeits class action

30-04-2019

Alibaba to settle $250m counterfeits class action

zhudifeng / Shutterstock.com

Alibaba is to pay $250 million to settle a lawsuit in US district court accusing the Chinese e-commerce platform of concealing a warning over counterfeit goods ahead of its public share offering in 2015.


Alibaba, State Administration of Industry and Commerce, public share offering, counterfeits, e-commerce, trademark infringement

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