AliExpress EU Fine
The EU imposed a record fine on AliExpress over counterfeit and unsafe goods.
'It is a failure by AliExpress': European Commission fines the Chinese marketplace $629 million for not blocking counterfeit goods | Fortune
EU Hits AliExpress With Record $630 Million Fine for Failing to Curb Counterfeit Goods
AliExpress hit with record $625M fine after failing to make EU-ordered fixes
Summary
The European Commission fined Chinese online marketplace AliExpress €550 million ($629 million) for failing to curb illegal, unsafe and counterfeit goods on its platform, including unsafe toys, fake clothing, cosmetics and kitchen gadgets. The penalty is the largest imposed under the EU’s Digital Services Act, which requires major online platforms to assess and mitigate systemic risks to consumers. Regulators said AliExpress failed to diligently assess those risks, remove illegal products and make fixes previously ordered by the EU.
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