Counterfeit on Amazon

forearm-forklift

Amazon.com (AMZN) is finally taking counterfeiters to court.

The e-commerce giant for the first time has filed lawsuits against counterfeit sellers, after a number of businesses on Amazon voiced concern that knockoffs were killing their sales and endangering consumers.

On Monday, Amazon filed suit against a group of sellers for infringing on athletic training equipment developed by TRX. In a second case, Amazon sued sellers who are offering fake versions of a patented moving product called Forearm Forklift.

Last month, CNBC.com featured Forearm Forklift , a Southern California company that has been crushed in recent years from counterfeiting on Amazon. Mark Lopreiato, the founder of the company, which makes straps for lifting and moving heavy equipment, said he submitted more than 100 cease-and-desist letters to sellers and takedown notices to Amazon, yet fakes have continued to proliferate. Read more of this post

7 Great Things about Buying Counterfeits

7 Great Things about Buying Counterfeits

Learn about the hidden “benefits” you get every time you buy something that is counterfeit. Read more of this post

Costco Faces Lawsuit over Sale of Prawns Allegedly Farmed by Slave Labor

Costco Faces Lawsuit over Sale of Prawns Allegedly Farmed by Slave Labor

Costco Wholesale Corp. customer sued the retailer on allegations that it knowingly sold frozen prawns that were the product of slave labor. Read more of this post

You Probably Benefitted From Slave Labor Today

You probably benefitted from slave labor today

Thai and Burmese fishing boat workers sit behind bars inside a cell at the compound of a fishing company in Benjina, Indonesia, In this 2014 photo. The imprisoned men say they live on a few bites of rice and curry a day in a space barely big enough to lie down. Photo by Dita Alangkara/AP

Every day, millions of Americans use products or eat foods that are produced by slave labor. Rare metals from Africa are embedded in our cell phones. Harvested fish or fruit or fabric are thawing in our fridge or hanging in our closets. Read more of this post

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