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September 8, 2012

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Joint battle

TAOBAO Marketplace, China's largest online shopping website, has signed a memorandum of understanding with a US copyright organization to curb sales of counterfeit products sold on the Internet. Taobao, owned by the Alibaba Group, agreed to work with the Motion Picture Association to identify and remove listings of counterfeit or patent infringing products. The two parties will also work together with law enforcement agencies to pursue serial offenders, according to a joint statement released yesterday.
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