It claims its verification processes thwarted over 6 million attempts to create selling accounts, potentially preventing counterfeiters from listing items for sale. According to the report, fewer than 0.01% of all products sold on its site received a counterfeit complaint from customers. That’s the number of products sent to its fulfillment centers that Amazon says it seized after determining they were counterfeit. Key Background:Unease over the sale of counterfeit products online has increased as a rising number of Americans have shopped from home during the pandemic. The online marketplace would also have to provide a hotline enabling consumers to report suspicious activity.

Source: Forbes May 10, 2021 15:55 UTC