by Karl Denninger
Market-Ticker.org
San Francisco (AP) — Apple says it has been buying Apple chargers and cables labeled as genuine on Amazon.com and has found nearly 90 percent of them to be counterfeit.
The revelation comes in a federal lawsuit filed by Apple against a New Jersey company on Monday over what Apple says are counterfeit products that were sold on Amazon.
Why isn’t Amazon responsible for this on a legal basis?
It should be.
Why?
Because it takes a cut of the sales, it presents the products and runs the marketplace.