Keywords: E commerce regulation


AliExpress receives record €550 million EU fine over counterfeit and unsafe products

Online marketplace AliExpress, owned by Chinese e-commerce giant Alibaba, has been fined €550 million ($629 million) by the European Union for failing to adequately prevent the sale of illegal, unsafe and counterfeit products on its platform. The penalty, announced by the European Commission, represents......

Temu under pressure as Europe imposes major fine

Temu, the Chinese online shopping platform that has rapidly gained millions of users through aggressive discounts and viral marketing campaigns, is facing growing scrutiny in Europe after receiving a €200 million penalty from the European Commission. The sanction reflects increasing concern among......