Bloomberg Tax
Oct. 13, 2021, 6:50 PM

Amazon, Third-Party Sellers Spur Fake Goods, Group Says (1)

Brendan Case
Brendan Case
Bloomberg News

Third-party marketplaces like the one created by Inc. are flooding the U.S. market with imitation goods, according to a report commissioned by a group of retailers and manufacturers.

Imports of such goods cost U.S. retailers about $54 billion a year in lost sales, according to the study for the Buy Safe America Coalition, which includes members such as 3M Co. and the Retail Industry Leaders Association, which is backed by Walmart Inc., Target Corp. and others. Most of the contraband products come from China, the group said in a statement Wednesday.

The report represents a new salvo in ...