(Last Updated On: )
Amazon puts out counterfeit warning
February 19, 2019
Counterfeit products have become such a large scale issue that even companies as big as Amazon are putting out a warning for investors. This CNBC article discusses how Amazon added counterfeit problems to their annual report.
Many small business affected by counterfeit problems, along with some who are third-party sellers have voiced that they are suffering from this problem. A harm to brand reputation is one of the many negative results in counterfeit products.
Counterfeit products is an issue that is growing bigger as time passes. Supply chain protection is needed for the sake of business and consumer.