The European Commission has issued a €550 million fine against AliExpress, citing the platform's failure to adequately address the sale of illegal, unsafe, or counterfeit products. According to the European Commission, the platform neglected its obligations under the Digital Services Act to diligently assess and mitigate risks associated with these categories of goods.
In addition to the financial penalty, the Commission has issued a formal order requiring AliExpress to take immediate action to rectify these compliance failures. The decision follows regulatory scrutiny of the company's e-commerce operations regarding its adherence to European digital safety standards.
Source: European Commission. Read the original report ↗