TOKYO (Kyodo) -- A Japanese court on Friday ordered the Japanese unit of online retail giant Amazon.com Inc. to pay 35 million yen ($244,000) in damag

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A Tokyo District Court ordered Amazon Japan to pay 35 million yen in damages for failing to prevent the listing of counterfeit goods. The lawsuit was filed by medical equipment manufacturer Try and E and its distributor Excel Plan, who claimed that counterfeit pulse oximeters on Amazon resulted in decreased sales. The ruling highlights the obligation of online platforms to implement effective anti-counterfeit measures.

Amazon Japan ordered to pay 35 mil. yen for allowing listing of fakes

<p>its $24000 USD, equal to 2 seconds of its earning.</p>
