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EU hits China’s Alibaba with €550M record fine over illegal products
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EU hits China’s Alibaba with €550M record fine over illegal products

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“There were a lot of counterfeit products, unsafe toys and dangerous cosmetics” on AliExpress, Europe’s tech chief says.

BRUSSELS — The European Commission slapped Chinese e-commerce giant AliExpress with a record €550 million fine on Monday for failing to stop the sale of illegal and harmful products on its platform. “There were a lot of counterfeit products, unsafe t... [2738 chars]

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Source: politico.eu

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