Amazon Launches Programme To Identify And Track Counterfeiters
Amazon has launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and track marketplace counterfeits as part of the e-commerce giant’s efforts to crack down on organized crime on its platform, the company announced.
Online marketplaces in the United States, including Amazon, face hurdles in keeping counterfeiters off their platforms and fake merchandise from entering their warehouses.
The new programme mimics data exchange programmes by the credit card industry to find scammers and identify their tactics.
Stores and Amazon marketplace sellers can anonymously contribute information and records flagging counterfeiters to a third-party database or use the database to avoid doing business with the bad actors.
The Seattle-based retail giant piloted the anti-counterfeiting initiative in 2021 with an undisclosed number of apparel, home goods and cosmetics stores, where counterfeiting is most common.
As part of other anti-counterfeiting efforts, Amazon is also working with the US Customs and Border Protection on a data pilot that helps the company identify and target low-value e-commerce shipments that may be counterfeit goods or break other regulations.
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