The U.S. Government Listed Taobao In "Notorious Markets" List Again
Online, December 23, 2011 (Newswire.com) - According to wholesale electronics BuyeChina ( http://www.buyechina.com ) reports, the United States USTR has removed Chinese search engine giant baidu (Nasdaq: BIDU) from its latest list of the world's "notorious markets" list, and praised the contract for baidu music copyright dispute. Baidu music copyright contract requirements that baidu can only release music links which authorized for major record companies.
China electronics store BuyeChina CEO Kokin james said: Baidu removed from "notorious markets" list, this shows that the Chinese Internet companies are gradually to cooperate with copyright owners. The China network company no longer make the copyright party as the enemy, but to cooperation and seek legal spread for all kinds of content.
Baidu, China's biggest Internet search engine, agreed in July with Universal Music Group, Warner Music Group Corp. and Sony Corp. to pay owners of copyrighted material on a social- music platform, a deal cited by the U.S. Trade Representative yesterday in its report. The Ladies Market in Hong Kong, where customs officials acted to remove infringing goods, and the Savelovskiy Market in Moscow, where managers have stepped in to stop such sales, were also dropped from the list.
Alibaba Group Holding Ltd.'s Taobao, China's biggest online retailer, remained among more than 30 online and physical markets worldwide identified in the report for helping the illegal sale of material protected by copyright or patents. Others include the Pirate Bay file-sharing website in Sweden and the Silk Street Market in Beijing, according to wholesale China electronics buyechina ( http://www.buyechina.com ) report.
In response, Alibaba Group spokesman John Spelich said in an email that the Taobao companies, "stand firmly in favor of protecting customers and sellers, as well as the (intellectual property) rights of brand owners, and providing a positive shopping environment."
2011 "Notorious Markets" List details:
1. Deep Linking:Sogou MP3, Gougou.
2. B2B and B2C:Taobao, Modchip.ca and Consolesource.
3. BT:ThePirateBay,IsoHunt,Btjunkie,Kat.ph,torrentz.eu,Rutracker,Demonoid.
4. 3. Unlicensed programming retransmission: TV Ants.
5. Social media sites: vKontakte.
6. Pay-per-download: Megaupload,Putlocker.
7. Blogs, online forums and newsgroups: Warez-bb.
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Tags: Baidu, buyechina, Taobao