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Why Amazon Has So Many Counterfeit Goods
Posted
February 25, 2020
Views
1,744,948
Likes
17,076
Comments
3,784
Engagement
1.20%
February 25, 2020
1,744,948
17,076
3,784
1.20%
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Seizures of counterfeit products at U.S. borders have increased 10-fold over the past two decades as e-commerce sales have boomed. The total value of seized goods - if they had been real - reached nearly $1.4 billion in 2018. Most are coming from mainland China or Hong Kong.
CNBC visited one of the busiest entry points in the U.S. to get a glimpse at the influx of fake products and to find out what authorities and companies are doing to stop counterfeiting.
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Why Amazon Has So Many Counterfeit Goods
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