Browsing Tag

fines

Topic

#fines

1 Article

EU fines Temu €200 million over sales of illegal products

The European Commission has hit Chinese-owned online marketplace Temu with a €200 million fine, accusing the retailer of letting illegal products flow to shoppers across the bloc, including unsafe baby toys and faulty chargers. "The company failed to diligently identify, analyse and assess the systemic risks of illegal products being offered on its platform and the resulting harm to consumers in the European Union," the European Commission said in a statement. It said the evidence suggests EU consumers are highly likely to…