Alibaba CEO Fights Back Against Claims Of Counterfeit Goods

The CEO of Alibaba Group (BABA) fired back at allegations by the U.S. Trade Representative office that the e-commerce giant sells counterfeit products.

The USTR on Wednesday placed Alibaba back on its "Notorious Markets" list for counterfeit and pirated items. Alibaba was taken off the list in 2012 after implementing a robust anti-counterfeiting program that the company says surpasses every other company worldwide and is above and beyond what laws require.

The USTR listing pertains to

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