EU Fines AliExpress €550 Million for Selling Illegal Products
En resumen
- The EU has imposed a €550 million fine on online retailer AliExpress for allowing the sale of illegal products, including unsafe toys and cosmetics, that failed to meet the bloc’s environmental and safety standards.
- This is the largest fine under the Digital Services Act.
Resumen generado por IA
Por qué importa
The EU launched an investigation into AliExpress in March 2024, finding that some products sold on its platform did not meet the bloc’s environmental and safety standards.
The EU on Monday slapped a €550 million (US$630 million) fine on online retailer AliExpress for allowing the sale of illegal products, including unsafe toys and cosmetics.
The EU found some of the products sold on the platform did not meet the bloc’s strict environmental and safety standards during its investigation into AliExpress launched in March 2024.
“Risks must be identified and addressed systematically to ensure consumers can safely shop online. Today, we are holding AliExpress to this standard and request it to take action,” EU tech chief Henna Virkkunen said in a statement.
It is the largest fine ever imposed under the EU’s powerful Digital Services Act (DSA), part of the bloc’s legal armoury to police big tech that entered into force in 2022.
Preguntas abiertas
- What specific actions will AliExpress take?
- How will this fine affect AliExpress's operations in the EU?
- Will other platforms face similar fines?
