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Alibaba to Pay $250 Million to Settle Pre-IPO Counterfeiting Lawsuit

What are the pains and actions brands across the industry are taking to try and become consumer-led? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

Alibaba may be accepting accolades for its efforts to protect IP rights, but the surfacing of years-old transgressions are proving troublesome for the e-commerce giant. On Monday, the Chinese firm said it would pay $250 million to settle a U.S. lawsuit alleging that it concealed a regulatory warning about its ability to control counterfeiting before…

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