The original headline is: "EU hits AliExpress with a record 550 million-euro fine over unsafe and counterfeit goods"

Short summary

The European Commission fined AliExpress 550 million euros for failing to prevent unsafe and counterfeit products on its platform, the largest penalty under the Digital Services Act to date. AliExpress is reviewing the decision and must submit a remediation action plan by October 20. The fine signals intensifying EU enforcement against online marketplaces.

• •EU fines AliExpress a record 550M euros under the Digital Services Act
• •Penalty targets failure to stop unsafe and counterfeit goods
• •AliExpress must submit an action plan by October 20

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