The European Commission (EC) hit Chinese e-commerce giant AliExpress with a record €550 million ($629 million) fine for allowing the sale of counterfeit and harmful products in the bloc. "The spread ...

By Foo Yun Chee BRUSSELS, July 20 (Reuters) - Alibaba's AliExpress was hit with a record €550 million ($629 million) fine from the European Union on Monday for failing to tackle sales of illegal, ...

BRUSSELS >> Alibaba’s AliExpress was hit with a record €550 million ($629 million) fine from the European Union today for failing to tackle sales of illegal, unsafe and counterfeit products on its ...

AliExpress has been hit with a €550 million (about $629 million) fine for violating Europe’s Digital Services Act (DSA) rules ...

Alibaba’s AliExpress received the largest penalty EU officials have handed a company so far under the bloc’s Digital Services Act.

July 20 (UPI) --The European Commission announced a record fine against AliExpress for violating the Digital Services Act on Monday, calling on the platform to take action. The commission has fined ...

The European Commission has fined Alibaba $629 million under the Digital Services Act, citing AliExpress' failure to adequately prevent the sale of illegal and counterfeit products on its marketplace.

The Chinese retailer has become the latest major online marketplace to face penalties under the EU’s Digital Services Act.

Alibaba's AliExpress said on ​Monday that the ‌record €550 million ($629 million) fine handed out by ​EU tech ​regulators for not doing ⁠enough to tackle ​illegal and counterfeit ​products on its ...

"This is very dangerous for consumers, unfair for companies which are complying with all our rules," said EU tech chief Henna Virkkunen.

Alibaba's AliExpress received a 550 million-euro ($629.2 million) fine from the European Union's executive arm, the largest penalty officials have handed a company so far under the bloc's Digital ...