Alibaba To Curb Fraudulent Products Being Sold Online

As we all know, the up and rising Alibaba has been revolutionising the world with countless products on its e-commerce platform. Like its direct competitor Amazon, both E-commerce giants have been infested by bogus sellers along the way.

Recently, the chief executive of Alibaba, Jack Ma, wrote an open letter addressing to the Chinese People’s Political Consultative Conference and to the National People’s Congress mentioning that the world would be quite different in terms of food and drug safety and intellectual property enforcement if they were to carry out a week of prison term for every imitation product being sold. Jack Ma wants the Chinese government to consider to this new proposal to curb and reduce the number of shams online.

Contrary to the above statement, Jack Ma used to advocate frauds emphasising that some imitation are better than the real thing in terms of functionality for a fraction of the real exorbitant price.

Earlier this year, Alibaba has filed its first lawsuit against its bogus sellers in view of the high surge of imitations infesting his online platform. After which, Alibaba went on to inaugurate Alibaba’s Big Data Anti-Counterfeiting Alliance as a mean of impeding and restraining counterfeit products from its platform. This smart tool will learn how to track and locate fake goods sold.

Jack Ma attributed the escalation of these counterfeit sellers is mainly due to the leniency and the mild punishments that are being enforced. Should the Chinese government impose the new one week prison term if anyone is being caught of selling fake products on Alibaba?

Source: Mashable