Los Angeles, CA – eBay has a credibility problem. eBay is under fire for some shady practices – enabling and facilitating U.S. and cross-border scam artists to freely unload of an inexhaustible supply of counterfeit goods, mostly from China, on unsuspecting consumers. eBay takes a transaction fee for each item sold.
- Last week, the U.S. Government Accountability Office (“GAO”) issued a report on undercover online purchases of counterfeit consumer goods including eBay concluding in part that “counterfeit goods harm the U.S. economy and can pose a threat to consumers.” Read the full GAO report . A Senate hearing “Protecting E-commerce Consumers from Counterfeits”, Orrin Hatch (R-Utah), is scheduled for Tuesday, March 6, 2018.
- Forbes recently deemed the e-commerce giant a “cesspool of counterfeits and other illegal and potentially dangerous goods.“
- The Counterfeit Report®, a popular consumer advocate and industry watchdog, identified over 3 million counterfeits on eBay, removed over 1.9 million counterfeits, and purchased over 2,300 fakes from eBay. Just this tiny research sample identified over 730,000 counterfeits sold to eBay buyers. One eBay seller, boasting of over 5,000 sales of an indisputable fake product, remains despite eBay’s counterfeit policy and repeated counterfeit complaints sent to eBay dating back to 2016.