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An anti-counterfeiting group said on Friday it was suspending Alibaba Group Holding Inc's membership following concerns raised by some of its member companies.
The International Anti-Counterfeiting Coalition (IACC) statement follows an AP report that the group's president, Robert Barchiesi, had stock in Alibaba and that he used family members to help run the coalition. (apne.ws/23OjyW5)
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