The EU has imposed a $629 million fine on AliExpress for failing to prevent sales of illegal and counterfeit products. This marks the latest enforcement action under the Digital Services Act, signaling rising compliance costs for global e-commerce platforms.
The European Union has imposed a record €550 million fine on Chinese tech giant Alibaba under the Digital Services Act, citing systemic failures to prevent illegal products from being sold on its platforms.
The European Union has formally charged Meta under the Digital Services Act for failing to effectively prevent children under 13 from using Facebook and Instagram, with potential fines of up to 7% of global revenue.