Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow Amazon's quest for more, cheaper products has resulted in a flea market of fakes (WP)
https://www.washingtonpost.com/technology/2019/11/14/how-amazons-quest-more-cheaper-products-has-resulted-flea-market-fakes/How Amazons quest for more, cheaper products has resulted in a flea market of fakes
Former executives say e-commerce giant, which last year spent $400 million fighting fraud and abuse, has prioritized its broad selection over anti-counterfeiting
By Jay Greene
November 14 at 9:00 AM
Hermèss $640 Clic H Bracelet is one of those luxury baubles thats financially out of reach for most shoppers. So how is it that Amazon shoppers could recently search for the Hermès piece by name and find a bracelet for just $24.99 on the e-commerce giants website?
The version on Amazon has the same clasp with an Hermès H logo that flips up to open the bracelet, as well as its name etched on the inside. But Amazons version, sold by a third-party merchant, is fake. If the price isnt a giveaway, the product reviews should be. People probably cant tell the difference between this and the real one from far away. I must admit they really did a great job for the dupe! one buyer wrote in September.
Amazon executives have publicly lamented the scourge of counterfeits, saying they have spent hundreds of millions of dollars and hired thousands of workers to police its massive market of third-party firms that use the e-commerce site to sell their goods. But as the availability of the fake Hermes bracelet shows, Amazons system is failing to stanch the flow of dubious goods even with obvious examples of knockoffs.
The continued abundance of counterfeit goods on the site is the result of Amazons decisions to prioritize a broad selection of products and cheaper prices over the deployment of aggressive technologies and policies that could further stem the problem, according to former executives and outside consultants.
Amazon relies on brands to let the company know about frauds, but even when the company has custody of counterfeit items, it doesnt always take action. Scads of counterfeit products, including the Hermès bracelet, land in Amazon warehouses before theyre shipped to consumers. But Amazon very rarely inspects them for authenticity.
The Seattle-based e-commerce giant keeps a roughly 15 percent cut of the sales of third-party sellers regardless of whether the product is counterfeit. But losing out are not just luxury brands many of the counterfeit products include safety items, baby food and cosmetics, according to recent testimony to the Commerce Department, which is probing counterfeit sales online.
(Amazon chief executive Jeff Bezos owns The Washington Post.)
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
1 replies, 1108 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (4)
ReplyReply to this post
1 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
How Amazon's quest for more, cheaper products has resulted in a flea market of fakes (WP) (Original Post)
dalton99a
Nov 2019
OP
KT2000
(20,571 posts)1. Some of the e-businesses
also make money off of stolen goods. Shoplifting and break-ins are a source of income for drug addicts who sell the goods on ebay and other auction sites.