By Charlotte McEleny

Alibaba has cancelled the keynote that it had planned to deliver at the the International Anti-Counterfeiting Organisation (IACC) annual conference this week, after days of conflict between major brands and the Chinese marketplace.

The issue arose when the IACC agreed a new type of membership for Alibaba, and similar organisations, in a bid to get the marketplaces that sell the bulk of fake goods to become part of the conversation.

Luxury brands such as Gucci, Michael Kors and Tiffany quickly withdrew memberships in protest, not wanting Alibaba to become a member. Alibaba has until now stood tall against the criticism.

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Source: The Drum