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Edition: U.S. Article Comments (1) Save Email Print Reprints Most Popular Most Shared Florida says several states to file healthcare lawsuit 11:01am EDT FACTBOX-US healthcare bill would provide immediate benefits 19 Mar 2010 Factbox: Winners, losers in House healthcare bill 8:50am EDT UPDATE 1-Virginia to sue U.S. over healthcare reform 10:22am EDT Democrats face dubious voters on healthcare 1:50am EDT FACTBOX-US healthcare bill would provide immediate benefits 19 Mar 2010 Florida says several states to file healthcare lawsuit 11:01am EDT UPDATE 1-Virginia to sue U.S. over healthcare reform 10:22am EDT Nanotech robots deliver gene therapy through blood 21 Mar 2010 Factbox: Winners, losers in House healthcare bill 8:50am EDT Google versus China For Google stock, China could mark turning point An exit from China's search market could mark a setback not only for Google's global business strategy but for a stock that has long been synonymous with virtually limitless growth opportunities. Full Article What's next for Google's operations in China? EBay, NRF to take on organized retail crime SAN FRANCISCO Mon Mar 22, 2010 1:16pm EDT Related News EBay, NRF to take on organized U.S. retail crime 12:01am EDT A pedestrian walks at the headquarters of eBay in San Jose, California February 25, 2010. Credit: Reuters/Robert Galbraith SAN FRANCISCO (Reuters) - EBay Inc and the National Retail Federation, the trade group for the retail industry, said on Monday they have teamed to combat organized retail crime. U.S. | Technology The partnership, which will receive support from the Federal Bureau of Investigation, aims to help law enforcement in criminal probes and to prevent crimes in which goods are stolen from brick-and-mortar stores and then resold online. Retail theft, dubbed "shrink" by the industry, reached nearly $115 billion globally last year, according to a report released in November from the UK-based Center for Retail Research and Checkpoint Systems. While part of the loss comes from shoplifting by the public and theft by employees, the dent from organized retail crime can be even greater, as goods are stolen in bulk. According to a 2009 NRF study, 92 percent of retailers complained of organized retail crime in the past year. Some 73 percent said the level of such crime had risen. EBay, a vast e-commerce marketplace where buyers and sellers connect, has long striven to ensure that brands sold on its site are legitimate and that posts from sellers peddling counterfeit goods are quickly removed. Still, brands complain that stolen goods easily make their way to the Internet, where their origins are more difficult to track. EBay and the NRF said representatives from their groups would meet on a regular basis to brainstorm the best ways to prevent organized retail crime, while using new technology to identify and track crime rings. They said they will collaborate with the FBI to help identify crime rings responsible for stealing merchandise in bulk and work together on legislation to strengthen resources for federal law enforcement and enhance penalties for crimes. (Reporting by Alexandria Sage, editing by Matthew Lewis) U.S. Technology Comments See All Comments (1) | Post Comment Mar 22, 2010 11:00am EDT If they realy want to help actual “brick and morter” retailers they should get ride of “Ebay”. Or at least not allow any new items to be sold on the site. Over the last two-three years I have had so many people come into my store and tell me that they can get the same item I have for sale in my store for about half of the price I’m asking. jfz50 Report As Abusive See All Comments (1) Add a Comment More from Reuters Google moves China search service to Hong Kong SAN FRANCISCO (Reuters) - Google moved its China Internet search service offshore to Hong Kong on Monday, in a bid to provide uncensored search results while still maintaining some business operations in the country. | Video Markets rise on end to healthcare uncertainty | Video Geithner: Financial reform must shield consumers Obama pay czar to look back at Wall Street pay Senate panel plans financial reform vote Monday Senators form Internet freedom caucus » More Top News Americans split, confused The biggest health policy change in four decades has left some Americans wondering if they're better off or not. Full Article Democrats face dubious voters Q&A: What it means for Obama politics The immediate benefits Here is what to expect if President Obama signs the entire package into law. Full Article Commentary: Bill helps control costs What's the impact on Medicare? After the vote: Useful links to guide you Health © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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