MarkMonitor's Auction Monitoring provides companies with insight into how their products are sold online and by whom, including location, profile and identity. The solution identifies and prioritizes abuses, sends email alerts for suspicious online auctions, and enables automated responses that allow for swift action to close down the illegal listings.
Auction Monitoring is part of a comprehensive online corporate identity management solution, which includes domain management, brand protection, fraud prevention and enables corporations to protect their brands and consumers from a range of corporate identity-based threats including counterfeit goods, gray market sales, fraud, phishing, and trademark infringement.
"Online auction sites, where the identity of the seller and authenticity of the product are unknown to the buyer, provide counterfeiters with a virtual channel for distributing their goods. MarkMonitor's automated system for finding and prioritizing illegal online selling activity takes the guess work out of tracking down suspect counterfeit listings and empowers companies to take action to protect their revenues and customers," said Mark Shull, CEO of MarkMonitor.
Hennes & Mauritz AB (H&M) was established in Sweden in 1947. The company's business concept is to offer fashion and quality at the best price. It is quoted on the O-list of the Stockholm Stock Exchange and has approx.1,200 stores in 22 countries.
MarkMonitor is the global leader in delivering comprehensive online corporate identity protection services, Making the Internet Safe for Business.