EU fines AliExpress $630 mil. over sale of illegal products
The logo of AliExpress is pictured at AliExpress store in Granada, Spain on July 22, 2024. So a big part of them are from the U.S., many of them are from China and also from Europe," she said.
- ▪The logo of AliExpress is pictured at AliExpress store in Granada, Spain on July 22, 2024.
- ▪So a big part of them are from the U.S., many of them are from China and also from Europe," she said.
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The logo of AliExpress is pictured at AliExpress store in Granada, Spain on July 22, 2024. Reuters-YonhapBRUSSELS — The European Union on Monday slapped a 550-million-euro ($630 million) fine on online retailer AliExpress for allowing the sale of illegal products, including unsafe toys and cosmetics.The EU said AliExpress also did not do enough to stop the sale of counterfeit products and that when the platform detected illegal goods were on sale, many remained online for several weeks.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.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Korea Times.