Amazon, Booking, Expedia and Tripadvisor form coalition to combat fake online reviews
Amazon.com Inc. (AMZN), Booking.com (BKNG), Expedia Group Inc. (EXPE), Tripadvisor Inc. (TRIP), Trustpilot Group PLC (UK:TRST) and Glassdoor said Tuesday they have teamed up to create the global Coalition for Trusted Reviews in an effort to quash the proliferation of fake online reviews. "Together, members will define best practices for hosting online reviews and sharing methods of fake review detection, aiming to stop fake reviews at the source," the companies said in a joint statement. The companies met in San Francisco last October for the first ever Fake Reviews Conference, an event organized by Tripadvisor. That event heard from a range of parties including academics, government experts and the hospitality industry and discussed mitigation approaches. The coalition members are planning to regroup in Brussels on Dec. 5 and 6 for a second conference, this time organized by Amazon. "Amazon is aggressively fighting fake review brokers to protect our customers and selling partners, but these fraudsters are a global problem, impacting multiple industry sectors," said Dharmesh Mehta, Amazon's vice president of worldwide selling partner services.
-Ciara Linnane
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
10-17-23 0620ET
Copyright (c) 2023 Dow Jones & Company, Inc.-
Small-Cap and Value Stocks Are Undervalued
-
Why We Expect the Job Market’s Slowdown to Renew in 2024
-
5 Undervalued Stocks to Buy to Play a Little Defense
-
Markets Brief: AI Leaders Excel In Earnings Season So Far
-
What History Tells Us About the Fed’s Next Move
-
What’s Happening In the Markets This Week
-
Alphabet’s New Dividend: What Investors Need to Know
-
Going Into Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
Amazon Earnings: AWS Growth Accelerates and Profit Margins Improve
-
SiriusXM Earnings: Decent Results With Plan for Technology and Content Investment to Drive Growth
-
Coca-Cola Earnings: Solid Volume On Innovation and Digital Engagement
-
Is Berkshire Hathaway a Buy Before the Annual Meeting?
-
Investment Opportunities in the Drug Distribution Industry
-
Why the End of Quantitative Tightening Matters
-
Eli Lilly Earnings: Strong Weight-Loss Drug Sales Expand Margins
-
After Earnings, Is Meta Stock a Buy, a Sell, or Fairly Valued?