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Major fine hits AliExpress in Europe
The European Union imposed a record fine of 550 million euros (approximately 630 million dollars) on the "AliExpress" platform for failing to take adequate measures to prevent the sale of illegal products, including unsafe toys and counterfeit cosmetics, and for continuing to display these products for weeks after violations were identified. This is the largest fine issued under the EU Digital Services Act. AliExpress rejected the decision, considering it excessive, while the Union demanded that the platform take immediate action to address the violations.
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