Snapdeal, 4 Indian Markets Named In US Piracy Trade List

Washington: Snapdeal, one of India’s largest e-commerce platforms, along with four Indian shopping complexes have figured in the latest Review of Notorious Markets for Counterfeiting and Piracy issued by the Office of the US Trade Representative.

The four Indian markets are mentioned in the list are Heera Panna in Mumbai, Kidderpore in Kolkata and Palika Bazaar and Tank Road in Delhi, news agency PTI reported.

Aizawl’s Millennium Centre was mentioned in the last list of notorious markets, but now it has been replaced by Palika Bazaar.

“Holding intellectual property rights violators accountable and ensuring that American innovators and creators have a full and fair opportunity to use and profit from their work is critical for both physical and online markets,” US Trade Representative Robert Lighthizer said.

In addition to addressing the role of e-commerce in facilitating the sale of pirated and counterfeit goods, the 2020 Review of Notorious Markets identifies 39 online markets and 34 physical markets that are reported to be engaged in or have facilitated substantial trademark counterfeiting and copyright piracy.

The report includes for the first time a section addressing the role of internet platforms in facilitating the importation of counterfeit and pirated goods into the US.

Also Read: 20% Of Pharma Products Sold In India Counterfeit: US Trade Body