China Regulator Eyes E-Commerce Oversight After Blasting Alibaba
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The Chinese regulator that accused Alibaba Group Holding Ltd. of peddling fake goods is seeking tighter e-commerce rules to curb the proliferation of counterfeits.
Zhang Mao, minister of the State Administration of Industry & Commerce, said greater oversight was needed to protect consumers and create a fairer business environment on the Web. The spread of knock-off products posed a greater challenge online than in traditional retail, he said.