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At the high-profile Big Tech congressional hearing last week, Amazon CEO Jeff Bezos called counterfeits a “scourge” that harm customers and “honest third-party sellers” on the platform.
His testimony came as Amazon puts more muscle behind efforts to grapple with this scourge and hold not-so-honest third-party sellers accountable, including an enhanced seller vetting program and a Counterfeit Crimes Unit. It also recently partnered with two high-profile brands—healthcare, safety and consumer goods conglomerate 3M and designer Valentino—on seller lawsuits.
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