News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 9 years ago
Rediff.com  » Business » China regulator blasts Alibaba for illegal business on its sites

China regulator blasts Alibaba for illegal business on its sites

By John Ruwitch and Paul Carsten
January 28, 2015 16:08 IST
Get Rediff News in your Inbox:

The Chinese government has accused e-commerce titan Alibaba Group Holding Ltd of not paying enough attention to illegal business conducted on its platforms and failing to take effective steps to snuff it out. 

In unusually strong comments, the State Administration for Industry and Commerce (SAIC) said many products sold on Alibaba's e-commerce websites and through its services infringed upon trademarks, were substandard, illegally imported, had been banned or even endangered public security. 

Alibaba declined to provide immediate comment about the report released on Wednesday, which summarised a July 16, 2014, meeting between government business regulators and Alibaba. 

"Illegal business activities on Alibaba Group's platforms have for a long time failed to elicit sufficient attention, and (the company) for a long time has not adopted effective measures to address the situation," the report said. 

Alibaba adopted stricter standards on piracy and fake goods ahead of its record U.S. stock listing last year. 

Get Rediff News in your Inbox:
John Ruwitch and Paul Carsten
Source: REUTERS
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
 

Moneywiz Live!