E-commerce platforms Lazada and Shopee on Monday signed a memorandum of understanding (MoU) with several global and local brand owners and industry-associations to fight online counterfeiting and piracy.

Companies that signed the MoU include Unilever Philippines Inc., GlaxoSmithKline Philippines Inc., GlaxoSmithKline Consumer Healthcare Philippines Inc., Globe Telecom Inc., Castrol Ltd., American Chamber of Commerce of the Philippines, and Philippine Retailers Association.

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