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The Independent UK

National

Mike Corder

EU hits AliExpress with a record 550 million-euro fine over unsafe and counterfeit goods

AliExpress the European Commission Europe The Associated Press

Europe AliExpress - (Copyright 2023 The Associated Press. All rights reserved)

The European Commission on Monday fined Chinese online marketplace AliExpress 550 million euros ($629 million) for failing to adequately crack down on the sale of unsafe and counterfeit products on its site.

The fine, the biggest ever imposed for breaches of the 27-nation European Union's Digital Services Act, comes just months after another online retailer, Temu, was fined 200 million euros for similar breaches. Last year, Brussels issued a $120 million penalty for Elon Musk’s social media site X.

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