Retail
Best Buy Accused of Selling Counterfeit Products
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Best Buy Co. Inc. (NYSE: BBY) has been accused of selling counterfeit products at both its own website and as a participant in the eBay Inc. (NASDAQ: EBAY) Marketplace. While Amazon.com Inc. (NASDAQ: AMZN) and eBay are cited for it on occasion, Best Buy is not.
The charge comes from The Counterfeit Report and is based on sales of computer memory cards.
The Counterfeit Report “found counterfeit 64GB microSDHC computer flash memory cards listed on Best Buy’s website and Best Buy’s eBay Marketplace.”
The analysis adds:
The microSDHC® trademark is owned by SD-3C, LLC, who confirmed the products are fake “Products bearing the microSDHC® trademark with capacities above 32GB (64GB, 128GB, 256GB, 512GB etc.) are all fake products.” The microSDHC®) format is defined in version 2.0 of the SD specification, supporting cards with capacities up to 32GB. In other words, the item is a fake – there is no such authentic product.
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