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AliExpress hit with record €550m EU fine

EU's Digital Services Act Proves Its Teeth: AliExpress Bites Back The European Union's (EU) Digital Services Act has finally found its teeth, and it's sunk them deep into the flesh of Chinese e commerce giant AliExpress.

The company has been slapped with a record €550 million fine for failing to curb sales of illicit goods on its platform.

The Digital Services Act, designed to rein in online giants, has been gaining momentum since its inception.

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