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USTR names Snapdeal for selling counterfeit goods, company calls findings ‘ill informed’ Credit: Soumyarendra Barik Snapdeal has hit out at the United States Trade Representative (USTR) after being named in its latest report for allegedly selling counterfeit products on its platform. Calling the findings of the USTR report “ill informed”, in a press statement the company said that the report “reflects a poor understanding of the governing law in various jurisdictions, including India”. It also contended that the USTR failed to understand the difference between a marketplace and a seller, and in that process ignored “clear and well-established regulatory and legal frameworks under which marketplaces operate”. This is the second time that the company has been named by the USTR in its reports. ....
BW Businessworld Snapdeal Terms USTR Report Placing It On Notorious Markets List ill-informed , incorrect Snapdeal and four Indian shopping complexes have figured in the latest 2020 Review of Notorious Markets for Counterfeiting and Piracy issued by the Office of the US Trade Representative (USTR). Photo Credit : Snapdeal, one of India s largest e-commerce platforms, has contested a US Trade Representative report that placed it on the Notorious Markets List for counterfeiting and piracy, and termed it ill-informed and incorrect. Snapdeal and four Indian shopping complexes have figured in the latest 2020 Review of Notorious Markets for Counterfeiting and Piracy issued by the Office of the US Trade Representative (USTR). ....