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.

  • ivanafterall@kbin.social
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    1 year ago

    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.

    • JJROKCZ@lemmy.world
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      1 year ago

      Splitting your assets into multiple subsidiary companies to limit liability isn’t organized crime, it’s standard corporate operations, everyone does it.

      • schroedingershat@lemmy.world
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        1 year ago

        Splitting your assets into multiple subsidiary companies to limit liability isn’t organized crime, it’s standard corporate operations

        Those are the same picture