4.9 • 9 Ratings
🗓️ 22 October 2021
⏱️ 19 minutes
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0:00.0 | Hello there. Welcome back. It's great to have your company again. My name is James Panicki. I'm Emlex's Asia Pacific Senior Editor and this is the Emlex Weekly podcast covering the top regulatory stories from around the world |
0:22.9 | with the assistance of our team of reporters and we have so much to get through this week. In just |
0:28.2 | under 10 minutes from now we'll be joined by Anna Paola Candil, one of the reporters working on |
0:33.7 | our Brazilian coverage and she'll be bringing us a fascinating institutional story involving |
0:39.7 | Kajé, that's the country's competition regulator. Anna Paola has been looking into a split |
0:45.0 | not just among Kajé's different sections but also within the agency's in-house court. |
0:51.7 | It's a fascinating story of policy, politics and personalities. |
0:56.3 | First up, though, to the US, where listeners would no doubt be familiar with Facebook's |
1:00.7 | e-commerce service, better known as Marketplace. If you want to sell a bike, a blender, or even |
1:06.8 | a Persian rug, that's the platform that people around the world and in your neighbourhood |
1:12.1 | are increasingly turning to. But for businesses in the US, there's a concern. They're afraid |
1:18.4 | that Facebook's marketplace has been used to sell counterfeit goods. And now calls are increasing |
1:24.6 | for the office of the US Trade Representative or UST.R. to include Facebook in |
1:29.8 | the notorious markets list. What does that mean exactly? Well, our Washington, D.C. |
1:35.1 | based trade reporter Kat Lucero has been following the story and she joins us now. So, Kat, |
1:41.5 | let's start from that point. What is the annual notorious markets list |
1:46.7 | released by the USTR? The USTR is a report that cites examples of markets all over the world |
1:55.7 | where there's rampant, where rampant piracy, counterfeiting have been reported. And the reason why USTR is doing this |
2:05.9 | report, it's because it's considered a restriction in U.S. commerce and therefore a trade barrier. |
2:12.6 | USTR has been doing this, meaning compiling this report since 2011, and it collects input from the |
2:21.7 | public, including business organizations and individual business themselves. |
2:26.7 | Sure. And so why is USTIR now focusing on e-commerce sites? |
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