EU Fines Temu $232 Million for Failing to Prevent Sale of Dangerous, Illegal Products

Date:

The Temu logo is displayed on a laptop in San Anselmo, Calif., on Feb. 26, 2024. Justin Sullivan/Getty ImagesThe European Commission (EC) has fined Chinese online retailer Temu 200 million euros ($232 million) for failing to do enough to stop the sale of illegal products within the 27-member European Union.“This is about risk management. It is very much a cornerstone of our DSA [Digital Services Act],” Henna Virkkunen, the EU’s executive vice president for Tech Sovereignty, Security and Democracy, told reporters on May 28. “With this decision, we are sending a very strong message to Temu.”

spot_imgspot_imgspot_img

Share post:

More like this
Related

Families Can Now Download Trump Accounts App

President Donald Trump speaks during the Trump Accounts summit...

US Jobless Claims Rise Marginally as Labor Market Remains Resilient

A sign reads “help wanted, server, now hiring” at...

US GDP Growth Revised Lower to 1.6 Percent in 1st Quarter

A person walks by a store advertising sales at...

Trump Endorses Armenian President as US Signs Partnership Deal With Yerevan

U.S. Secretary of State Marco Rubio (L) and Armenian...