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This rise in crime has caught the attention of policymakers in Washington and they are considering legislation to help. Ahead of Fight Retail Crime Day on Oct. 26, the NRF is asking congress to act—and, in turn, asking retailers to plead with congress as well.
The Buy Safe America Coalition released a statement calling on the Federal Trade Commission (FTC) to launch an investigation into stolen baby formula and price gouging on online marketplace platforms.
The Ohio state senate has passed bill HB 272, which closely mirrors the INFORM Consumers Act, federal legislation that would require online marketplaces to verify high-volume third-party sellers.
The HSI team shares their efforts to work with retailers and create public-private partnerships, and how these partnerships help fight ORC.
The study focuses on counterfeit goods from China, as more than 90.6 percent of all cargo with IPR violations comes to the U.S. from China.
The INFORM Act would force companies operating third-party marketplaces online to verify the identity of “high-volume” sellers on their platforms.