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Retailers launch coalition to fight counterfeits on Amazon

Published 08/14/2020, 09:34 AM
Updated 08/14/2020, 03:01 PM
© Reuters. FILE PHOTO:  A Target logo is seen during the going-out-of-business sale at Target Canada in Toronto
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By Nandita Bose

WASHINGTON (Reuters) - The Retail Industry Leaders Association (RILA), whose members include companies such as Walmart Inc (N:WMT) and Target Corp (N:TGT), said on Friday it has joined over a dozen trade groups to form a coalition to fight counterfeit goods on online platforms such as Amazon.com Inc (O:AMZN).

The coalition, called The Buy Safe America Coalition, will back legislation that would require digital marketplaces to verify information about third-party merchants on their platform, RILA said.

The lobbying push comes at a time when Amazon has been under scrutiny from lawmakers and the White House over the sale of counterfeit items.

In addition to RILA, the Toy Association, American Apparel & Footwear Association, the Fashion Jewelry and Accessories Trade Association and other industry groups are also joining the coalition.

© Reuters. FILE PHOTO:  A Target logo is seen during the going-out-of-business sale at Target Canada in Toronto

Bloomberg was first to report the story.

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