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August 4, 2016 08:00 pm

US Judge Dismisses Part of Alibaba Counterfeit Goods Lawsuit

Reuters reports: A U.S. judge on Thursday dismissed part of a lawsuit filed last year by Gucci, Yves Saint Laurent and other luxury brands accusing Alibaba Group Holding Ltd of promoting the sale of counterfeit goods. U.S. District Judge Kevin Castel in Manhattan dismissed racketeering claims asserted by brands owned by Paris-based Kering SA, saying their complaint failed to allege facts that could sustain those claims.Alibaba is not the only company which has been subjected to such accusations. Amazon has been treading the same path, with some sellers even leaving the platform.

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