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EU fines AliExpress 550m euros under Digital Services Act
The European Commission fined AliExpress 550 million euros ($629 million) on Monday, the largest penalty imposed so far under the EU Digital Services Act, saying that the Alibaba-owned e-commerce platform had failed to adequately assess and mitigate the risks associated with the sale of illegal, unsafe, and counterfeit products.
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thenextweb.com
AliExpress fine: EU issues record €550M DSA penalty
The EU has hit AliExpress with a €550M fine, its biggest DSA penalty yet, for failing to stop the sale of counterfeit, unsafe and illegal products.
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euractiv.com
EU fines AliExpress €550 million over illegal products | Euractiv
The penalty issued under the bloc's Digital Services Act is the highest so far
