Temu fined $232 million for breaching EU rules on sale of illegal products
The penalty follows tests that found many chargers failed safety checks and baby toys posed chemical or choking hazards, officials said.
- The European Union fined Chinese retailer Temu €200 million after regulators determined the platform failed to protect consumers from illegal products.
- Preliminary findings from last year indicated Temu exposed consumers to high risks from non-compliant baby toys and electronics, prompting the European Commission to issue the penalty under the Digital Services Act.
- European Commission Executive Vice-President Henna Virkunnen said risk assessments are "not box ticking exercises," adding that Temu's assessment "underestimates concrete risks, lacks specificity, is not grounded in solid evidence, and is not comprehensive."
- Temu has until the end of August to submit an "action plan" to remedy violations, or it could face additional daily, weekly, or monthly fines for failing to comply with European Union law.
- Owned by PDD Holdings Inc., which also owns the Chinese ecommerce site Pinduoduo, the platform serves 92 million users in the European Union by offering affordable goods shipped directly from sellers in China.
270 Articles
270 Articles
Europe fines Temu $232 million over illegal and unsafe product listings
The European Commission has announced its second fine ever against an international company for violating the Digital Services Act. Temu, the controversial Chinese online marketplace for low-cost products, was found to have played a role in the sale of illegal goods that could have harmed consumers in the European Union.Read Entire Article
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Insider PaperEU fines Temu 200 million euros for allowing sale of illegal products
EU fines Temu 200 million euros for allowing illegal, unsafe products like dangerous baby toys and defective chargers to be sold across its online marketplace.
The European Commission has just fined Temu 200 million euros. The reason is a misguided risk assessment of dangerous products sold to European consumers.
EU fines Temu for high-risk products | Northwest Arkansas Democrat-Gazette
LONDON -- Temu was hit with a $232 million fine Thursday after a European Union investigation found the Chinese online retailer failed to protect consumers from illegal products like toxic or hazardous toys and unsafe electronics.
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