EU Slaps AliExpress with Record Fine | Europe News

AliExpress just got slapped with a record-breaking 550 million euro fine by the European Commission—the largest ever under the Digital Services Act—for letting dangerous and illegal products, like fake goods and unsafe cosmetics, linger on its platform. The EU demands big online marketplaces actively police harmful content, and AliExpress, owned by Alibaba, failed to meet the bar, with moderators given just 10-20 seconds per item and systems that may have worsened the problem. This follows a similar 200 million euro penalty against Temu just two months ago. AliExpress has until October 20th to submit a fix plan—or face even steeper penalties. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4605bef7ec080503