日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / View

Amend law to kill fake goods business

By Xin Zhiming | China Daily | Updated: 2014-08-02 08:10

A third-party vendor, Belle Boutique, is found to have sold China-made counterfeit luxury products like watches, apparels and bags through major e-commerce platforms, such as jumei.com, a beauty product seller, and jd.com, an e-commerce leader.

The two e-commerce giants have already issued statements of apology and vowed to stop cooperation with Belle Boutique, a small dealer based in Hebei province. They also have offered the fraud victims free and unconditional product return services.

The scandal is set to diminish consumer confidence in the two e-commerce giants, because people use their websites to buy luxury goods not only for the low prices they offer, but also because of the belief that the two reputable companies (both are industry leaders and listed on the US stock market) will not sell fake products.

The two companies could pay a dear price because their websites would now register fewer hits and they might easily become the target of shorting capital in the US stock market.

Some US-based investment research companies, such as Muddy Waters LLC, have accused a few Chinese companies of "financial cheating" and selling "fake products", which caused their stock prices to drop, at times steeply. Jumei's stock price, too, dropped sharply after the Belle Boutique incident came to light. If investment research companies step in and issue unfavorable reports, investors could continue to dump Jumei stocks, causing greater loss to the company's shareholders.

Consumers should draw lessons from the incident. If international luxury brands generally offer very small discounts, how come the two e-commerce platforms were offering many watches and bags of globally famous brands at very low prices? Rational consumers should have questioned the reason for such huge discounts before deciding to buy.

One of the problems with e-commerce in China is that, even after realizing that the products they have been delivered are fakes, many consumers tend not to report the fraud to intellectual property rights protection agencies so long as the retail websites agree to refund the products. By doing so, the consumers miss the opportunity to let regulators and other consumers know about the frauds in which the websites are involved. In a way, these consumers help the websites to continue cheating unsuspecting customers.

So, are such consumers partly blamed for the retail frauds? Perhaps not, because as rational individuals, they are entitled to make decisions that they think are the most appropriate. What needs a rethink is the regulatory and legal system that has allowed commercial cheating to go unchecked.

Jumei has apologized to consumers and promised to refund the fake products. It has explained that it has strict rules in place to prevent fake products from being sold through its website, only that it couldn't detect the fraud the third-party vendor was carrying out.

In other words, Jumei has shifted the major part of the responsibility to the third-party vendor. If regulators do not step in, the company, along with the other e-commerce platforms involved, could emerge unscathed from the scandal.

A large number of third-party vendors are active on Jumei's platform. And since these third-party vendors are estimated to contribute more than half of the platform's revenues, it is difficult for Jumei to carry out due diligence to completely rule out cheating in e-transactions.

The cheated consumers logged on to Jumei's website, not that of the third-party vendor, to buy luxury goods. So Jumei cannot escape punishment by simply saying that it didn't know the third-party vendor was cheating buyers.

Many online dealers are involved in cheating, and regulators should punish all of them to protect consumers' interests and prevent the fraudulent companies from continuing to make money by violating laws and intellectual property rights.

Current laws do not allow consumers to file a class action against companies involved in cheating; they can only sue the companies individually. Since this is a lengthy and complicated procedure, many consumers decide against going through it to protect their interests. As a result, the companies are not made to pay much as compensation to victimized consumers even if they lose a case.

Such "leniency" for commercial interests - companies making huge gains from cheating but paying insignificant amounts if caught in the act - has to a large extent encouraged some unscrupulous market players to cheat customers.

Therefore, the government must revamp its legal system to ensure that the cost of cheating in business outweighs the potential gains in order to protect consumers' interests. Or else, it will be almost impossible to develop an honest business environment.

The author is a senior writer with China Daily. xinzhiming@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日韩成人三级 | 亚洲欧美影院 | 亚洲精品久久久久 | 国产 日韩 欧美 综合 | 欧美一级淫片免费视频魅影视频 | 国产一区二区免费视频 | 日韩欧美一本 | 深夜福利一区二区 | 午夜黄色网 | 日韩精品影视 | 亚洲欧美v | 国产麻豆一级片 | 日本天堂在线播放 | 成年人视频在线免费看 | 国产精品视频久久久久 | 91国精产品 | 亚洲精品视频网 | 国产精品久久久久久久久久免费 | 亚洲va欧美va天堂v国产综合 | 日本www视频在线观看 | 毛片视频在线免费观看 | 欧美老司机 | 欧美第二区 | 五月婷婷免费视频 | 都市激情中文字幕 | 色呦呦一区| 亚欧色| 久久爱成人 | 在线观看国产欧美 | 成人激情视频网站 | 在线观看v片 | 午夜在线观看影院 | 性国产精品 | yellow在线观看 | 亚洲一区二区免费看 | 91免费高清 | 国产91精品在线观看 | 一区二区三区在线免费 | 玖玖玖影院| www色婷婷 | 亚洲免费福利 |