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, ...

Europe just hit AliExpress with a record $629 million fine for allowing the sale of counterfeit and harmful products.

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 ...

The fine is the largest penalty imposed under the European Union’s Digital Services Act (DSA) for breaches of online platform ...

The European Commission announced a record fine against AliExpress for not curbing the sale and promotion of illegal products on Monday.

The European Commission has fined AliExpress 550 million euros for failing to stop unsafe products. This significant penalty is the largest ever under the Digital Services Act. The commission cited ...

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 ...

Commission says AliExpress left counterfeit goods, unsafe toys and dangerous cosmetics online for weeks AliExpress faces October 20 deadline for remedies AliExpress says will appeal "disproportionate" ...

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