News for hackers. Stuff that matters.

A comment on Amazon establishes new Counterfeit Crimes Unit. Parent comment

Re:Amazon establishes new Counterfeit Crimes Unit by vayr on Thursday June 25, 2020 @12:16AM (#23636847)
This is a hard problem to fix. The last statistic I read was that 52% of all items sold on Amazon were 3rd party sellers. Imagine even if 1% of the items by 3rd sellers were counterfeit, that's still millions of items.

I don't envy Amazon's position right now. They should have thought about this issue before opening 3rd party sellers but now they're dealing with the consequence in a huge scale

[ Parent | on HN ]
Re:Amazon establishes new Counterfeit Crimes Unit by lotsofpulp on Thursday June 25, 2020 @02:06AM (#23637377)
All Amazon had to do was make it possible for people to filter for only items shipped and sold by Amazon.com and publicly announce they don't commingle inventory. If they did that, they would be a viable competitor to Costco, Best Buy, Target, Bed Bath and Beyond, etc.

It's not a hard problem to fix. It's an unprofitable problem to fix. See the tiny profit margins at the above listed actual retail companies. The juicy profit margins lie in being a platform and taking a cut of all sales.

[ Parent | on HN ]