Yes alibaba is a theives market. Alibaba does little to root this out too. Moreover the entire china small items trade competiveness relys on the rediculous postage rates (low) that allows delivery in the US for a mere $1 worth of postage. Finally all the small vendors lie about the item in the postage to evade customs charges.
Amazon could make great noises and will.
On the other hand who owns Alibaba's 120 billion? Americans now. If the congress sicks their dogs on ALibaba it's the same as pilfering 120 billion from investors.
Meanwhile amazon has a PE nearing 1000 (who are they kidding?). AMazon's 1000 PE is justifed only on the basis of their growth rate not their earnings. If their growth is threatened (enter alibaba) their stock price crashes. if it crashes to a P/E ratio of 30 or 100 then 90% of the stockholder calue is whiped out. Gone. Not transfered. Gone.
So what's your poor bribed congressman to do. Act on alibaba's theivery to save Amazon, or not?
tough choice.
Alibaba's stock price over the next year will be a race between their growth in value, and the trees Amazon and E-bay fell in their path. I predict it goes up for 1/4 then down in response to regulatory pressure after the elections. THen eventually back up if their revenues grow,.