The European Commission has imposed a fine of 200 million euros on the Chinese giant Temu, accusing it of selling illegal products, including dangerous toys for babies and defective chargers. This decision was made following an investigation launched in October 2024, which showed that Temu failed to identify and assess the risks associated with its products, thus endangering consumers in the European Union.
Vice President of the Commission, Henna Virkkunen, emphasized the importance of the platform, which has 130 million users, and the impact of sales of prohibited products. Investigations revealed that many of the tested products did not meet safety standards, and the fine is significantly lower than the maximum allowed of 6% of the annual turnover of the parent company, PDD Holdings. Temu must present a compliance action plan by August 28, 2026, in the context of the EU tightening market protection measures against Chinese competition.
Sources
Latest News
07:26
07:26
07:20
07:07
07:02
See more news