E-commerce counterfeit goods: Why trade body wants India to follow in US’ footsteps
The Confederation of All India Traders (CAIT) on Sunday welcomed the steps taken by the US to stop the supply of counterfeit and pirated goods on e-commerce platforms and wants similar measures by the Indian government also. Under the new policy, published by the Department of Homeland Security of the US Government, the liability for counterfeits has been shifted from third parties to e-commerce platforms.
Notably, the new policy framework will put Amazon and other e-commerce companies in the US for policing the counterfeit goods, said the CAIT in a statement.
Commenting on the development, CAIT Secretary General Praveen Khandelwal said that it evidently shows that e-commerce platforms are not only engaged in malpractices but also promote counterfeit and pirated goods and even in their home country US.