Tech

AliExpress fined record €550m by EU for allowing sale of illegal products

It is the highest penalty imposed under the Digital Services Act and follows a two-year investigation.

The European Union has imposed a record €550 million (£467 million) fine on Chinese online retail giant AliExpress for enabling the sale of illicit goods, including dangerous toys and counterfeit

aliexpress fineeu digital services actillegal productse-commerce regulationconsumer safetyalibaba grouprecord penaltyonline marketplaces