AliExpress fined €550m by EU for illegal sales
AliExpress, owned by Alibaba, was fined a record €550 million by the EU for allowing the sale of illegal and unsafe products, including counterfeit clothes and toys. The fine, the highest under the Digital Services Act, was imposed after an investigation found the platform's detection systems and enforcement measures were inadequate. AliExpress has stated it disagrees with the decision and is reviewing the matter, with a plan due to the EU by October 20.
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