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Alibaba Group’s Taobao Removed From “Notorious Markets” List By US

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http://techcrunch.com – The US announced on Thursday that Taobao Marketplace, owned by Chinese e-commerce giant Alibaba Group, has been removed from its yearly list of the world’s most “notorious markets,” so-called because they are rampant with pirated and counterfeit goods. The report from the Office of the United States Trade Representative said Taobao “has worked with rights holders to significantly decrease the listing of infringing products for sale through its website, and has committed to continue working to streamline its complaint procedures to further reduce listings of counterfeit (IT news)