cross-posted from: https://lemmy.world/post/1522033
The filing this week, by three fashion designers in a United States court, claims that Shein is in violation of the Racketeer Influenced and Corrupt Organizations Act, better known as RICO, a law originally crafted to prosecute organised crime.
Seems a stretch of rico definition but ok…. I could see ip theft being more accurate but China has proven repeatedly that it won’t do anything about that practice
How so? It seems to fit perfectly? And it notes that they are using RICO specifically because of the company’s “byzantine” structure–it gives them more flexibility.
Splitting your assets into multiple subsidiary companies to limit liability isn’t organized crime, it’s standard corporate operations, everyone does it.
Those are the same picture