Alibaba is suing two vendors accused of selling fake Swarovski watches on its Taobao e-commerce platform, its first legal action against counterfeiters following years of claims that it turns a blind eye to fake goods on its sites. China's largest online marketplace is claiming CNY1.4m ($201,670) in damages for contract and goodwill violations. The lawsuit was filed by the company last month after an investigation revealed that one vendor had sold more than 100 counterfeit Swarovski-type watches, including some with fake Swarovski-brand logos or serial The move comes a couple of weeks after Taobao was blacklisted by the US for selling counterfeit goods.
Alibaba is suing two vendors accused of selling fake Swarovski watches on its Taobao e-commerce platform, its first legal action against counterfeiters following years of claims that it turns a blind eye to fake goods on its sites. China's largest online marketplace is claiming CNY1.4m ($201,670) in damages for contract and goodwill violations. It has also compiled a list of counterfeiters against whom it will be taking similar actions. The move comes a couple of weeks after Taobao was blacklisted by the US for selling counterfeit goods.