Ron Burgundy Posted May 15, 2015 Share Posted May 15, 2015 By Nate Raymond NEW YORK (Reuters) - A group of luxury goods makers sued Alibaba Group Holding Ltd on Friday, contending the Chinese online shopping giant had knowingly made it possible for counterfeiters to sell their products throughout the world. The lawsuit was filed in Manhattan federal court by Gucci, Yves Saint Laurent and other brands owned by Paris-based Kering SA seeking damages and an injunction for alleged violations of trademark and racketeering laws. The lawsuit alleged that Alibaba had conspired to manufacture, offer for sale and traffic in counterfeit products bearing their trademarks without their permission. A spokesman for Alibaba declined to comment. View the full article Quote Link to comment Share on other sites More sharing options...
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