EU Investigates Temu for Failing to Curb Illegal Goods Sales, Faces Potential Fines
The European Union has launched an investigation into the online retail platform Temu, concluding that it has failed to effectively curb the sale of illegal goods. Authorities have indicated this could lead to significant fines for the platform.
Results of the investigation revealed clear deficiencies in Temu's regulatory compliance, showing that it did not implement adequate measures to prevent illegal goods from entering its sales channels. This has raised considerable concern from the European Commission, and could prompt further legal actions.
If violations are confirmed, Temu could face fines amounting to millions of euros, with the exact figure dependent on the investigation's outcomes.
