Alibaba to Work with CPSC to Prevent Exports of U.S. Recalled Products
This is key since the CSPC has acknowledged about 80 percent of recalled products are not accounted for in a "good" recall, with that number sometimes reaching 95 percent—with the remainder of the recalled products possibly appearing on store shelves, online or inside American homes, according to ABC News.
However, the partnership is not completely a win-win for the CPSC, the Times reported.
If the company fails to live up to its end of the bargain, Mr. Kaye said the commission would not hesitate to pressure the company.
Though Alibaba said last month that it spent about $160 million combating the sale of fake goods on its sites in 2013 and 2014, many companies complain that Alibaba can be slow to pull down listings of pirated goods. Others point out that removed listings often quickly reappear under different names.
Kaye, according to the Times, will start with five to 15 priority products for Alibaba to pull from available products for U.S. buyers. That list would then expand over time. For the problematic items, Kaye expects them to be taken down within hours.
“We’re certainly going to hold their feet to the fire,” he said.