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EU hits China’s Alibaba with €550M record fine over illegal products - politico.eu

“There were a lot of counterfeit products, unsafe toys and dangerous cosmetics” on AliExpress, Europe’s tech chief says.

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The finding that AliExpress failed to check and tackle these risks "is very dangerous for our consumers, but its also unfair for those companies that are complying with all our rules," Virkkunen said… [+1908 chars]

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