14 Hrs
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الاقتصادية
EU fines AliExpress $629M
The European Union has imposed a record fine of 550 million euros (approximately $629 million) on AliExpress, a platform operated by Alibaba, for failing to comply with the requirements of the Digital Services Act. The penalty follows shortcomings in assessing the risks associated with the spread of counterfeit and unsafe products on the platform. The violations identified include inadequate risk assessment, insufficient resources for reviewing reports, and reliance on a single digital indicator, which allowed a large number of counterfeit and unsafe items to remain available for weeks before being removed. This penalty is part of the EU's broader campaign to tighten oversight of major e-commerce platforms and create a safer environment for consumers.
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