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Amazon sues two influencers for peddling counterfeit goods on Instagram and TikTok - TL;DR CNBC

Amazon sues two influencers for peddling counterfeit goods on Instagram and TikTok

Publishing timestamp: 2020-11-12 13:36:57


Summary

Amazon filed a lawsuit against two influencers and third-party merchants for allegedly promoting and selling counterfeit goods on the platform. The influencers used social media to advertise knockoff luxury products on Amazon, bypassing the anti-counterfeit tools. Amazon is seeking damages and an injunction against the influencers and sellers involved.


Sentiment: NEGATIVE

Tickers: ETSY,  META,  AMZN, 

Keywords: instagram,  amazon.com inc,  internet,  business news,  tiktok,  etsy inc,  technology,  social media,  meta platforms inc, 

Source: https://www.cnbc.com/2020/11/12/amazon-sues-influencers-for-allegedly-marketing-counterfeits.html


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