Temu, Now One of the Most-Used Shopping Platforms in Hungary Fined EUR 200 Million by the EU

Temu, now one of the most-used shopping platforms in Hungary fined EUR 200 million by the EU

Temu has been handed one of the largest penalties ever imposed on an online marketplace in Europe after the European Commission fined the Chinese retail giant EUR 200 million for failing to stop illegal and dangerous products being sold on its platform.Continue reading

European Commission Fines Temu €200 Million Over Illegal and Unsafe Product Listings Under Digital Services Act

The European Commission has fined Temu €200 million (about $232 million) for failing to prevent the sale of illegal products on its platform, a violation of the Digital Services Act (DSA).This is the second time the Commission has issued a fine under the DSA to an international company. Temu has until August 28 to submit an action plan to ensure compliance or face additional periodic fines.The Commission found that Temu, a Chinese online marketp…

Temu was hit with a 200 million euro ($232 million) fine Thursday

Temu was hit with a 200 million euro ($232 million) fine Thursday after a European Union investigation found the Chinese online retailer failed to …