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Stock impact report

Amazon Dodges a Counterfeit Bullet in Europe, But What About the U.S.? [The Motley Fool]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
E-commerce giantAmazon(NASDAQ:AMZNThe ruling was a modest relief for Amazon, which, like several other major technology giants, is facing a wave of multi-faceted regulatory pushback.AlphabetNASDAQ:GOOGNASDAQ:GOOGLAppleNASDAQ:AAPLNASDAQ:FBscrutinized by the U.S. Department of Justice or the Federal Trade CommissionNot Amazon's problem ... in Europe, anywayThe statistics are stunning. The Organization for Economic Co-operation and Development estimates counterfeiters sell on the order of $00 billion worth of fake goods every year, making up more than % of the world's total trade.Image source: Getty Images.And if you think it's a problem that only applies outside of the United States, think again. Digital brand protection company Incopro believes roughly one-fourth of Americans have unknowingly purchased a counterfeit item within the past year. Even Amazon, which developed Project Zero as a means of identifying and removing allcounterfeit goodsIt's enough, however, at least according to Show less Read more
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