AliExpress Fined €550 Million After Unsafe and Illegal Products Stayed Online for Weeks
The record penalty follows findings that AliExpress failed to curb unsafe and counterfeit products and must submit an action plan by Oct. 20.
- On Monday, the European Commission fined Chinese online marketplace AliExpress 550m for failing to adequately crack down on the sale of unsafe and counterfeit products on its platform.
- The fine represents the biggest penalty ever imposed for breaches of the 27-nation Digital Services Act, following the 200m fine issued to online retailer Temu months earlier.
- Henna Virkkunen, the European Commission's executive vice-president, said the spread of illegal goods "is a failure by AliExpress to comply," while AliExpress disagreed, calling the fine "disproportionate."
- The commission ordered AliExpress to submit an action plan by October 20 to remedy its obligations, as the Hangzhou-based firm separately agreed to pay $600m resolving a dispute.
- Last year, Brussels issued a $12m penalty for Elon Musk's social media site, as officials maintain that platform scale provides no excuse for failing to protect users from illegal content.
23 Articles
23 Articles
(Beijing=Yonhap News) Correspondent Kim Hyun-jung = China [invests] 550 million euros (approximately 930 billion won) in AliExpress, an e-commerce platform under its domestic company Alibaba Group...
China has sharply criticised the EU's millions of fines against AliExpress, an online marketplace. "The People's Republic of China expressed strong dissatisfaction and serious concern." It is firmly opposed that the EU, relying on platform regulation, creates digital barriers and restricts and puts pressure on Chinese e-commerce companies with discriminatory measures in their normal business operations in Europe," said the Ministry of Commerce i…
The EU's punishment against AliExpress has triggered "strong dissatisfaction" with the Chinese government. EU platform regulation discriminates against Chinese providers.
The EU Commission has imposed a high penalty on AliExpress, a platform belonging to the Chinese Alibaba Group. Beijing accuses the EU of building digital barriers.
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