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AliExpress Fined $629 Million for Counterfeit Goods

$629 Million Fine Can't Mask AliExpress's Chronic Failures The European Commission's hefty fine on Chinese online marketplace AliExpress is a much needed wake up call, but it also raises questions about the company's commitment to change.

As the biggest e commerce platform in China, AliExpress has long been criticized for its lax approach to enforcing product safety and preventing counterfeit sales.

This latest fine, amounting to $629 million, is a testament to the EU's growing scrutiny of online retailers that fail to comply with regulations.

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