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The Nexus
BUSINESSJul 20 · 10:00 UTCPOLITICO EUROPEMathieu Pollet

EU hits China’s Alibaba with €550M record fine over illegal products

The European Commission fined AliExpress, owned by Alibaba, €550 million for failing to address illegal products on its platform, violating the Digital Services Act. The EU cited prolonged availability of counterfeit and unsafe items, inadequate staff for product reviews, and flawed systems for detecting harmful content.

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