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

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

THE HAGUE, Netherlands (AP) — 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-nat...

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