Inclusion in USTR report on notorious mkts list is ill-informed: Snapdeal

Snapdeal, along with four Indian shopping complexes, two of them in New Delhi alone, have figured in the latest 2020 Review of Notorious Markets for Counterfeiting and Piracy

E-commerce giant Snapdeal said that its inclusion in the 2020 Review of Notorious Markets for Counterfeiting and Piracy issued by the office of the US Trade Representative is “ill-informed and incorrect.”

SoftBank-backed Snapdeal said the USTR report is a blinkered view of the world and wilfully disregards the well-established laws and policies of various countries around the world.

“The report released by USTR tarnishes the image of world’s leading marketplaces, including Amazon, Mercado Libre, Pinduoduo, Shopee, Snapdeal, Taobao, Tokopedia and many others on the basis of incorrect understanding of the practices and the laws applicable to various markets,” said a