The European Union is expected to launch an investigation into the Chinese discount website Temu. The background to this is concern that the sale of illegal goods online is not being curbed. Depending on the outcome of the investigation, this could lead to significant fines. The European Commission, the EU’s executive arm, will begin formal proceedings to investigate Temu, which is run by China’s PDD Holdings, people familiar with the matter said. They will investigate whether temu has violated regulations on online misconduct. The people spoke on condition of anonymity because the discussions are confidential. A formal announcement about the investigation could be made soon, but that is likely to be delayed as the European Commission prepares for the transition to a new structure, the people said. European regulators are stepping up scrutiny of big tech companies as part of efforts to curb harm in online commerce. The EU’s Digital Services Act (DSA) requires internet platforms with more than 45 million users in the bloc to take measures to prevent the spread of misinformation and illegal content, including the offer of illegal goods. If violations are found, the company could be subject to fines of up to 6 percent of its annual global turnover. The information Temu has provided so far has been insufficient to allay the EU’s concerns, the people said. A representative for temu has been contacted for comment but has not yet received a response. If the EU opens a formal investigation, TEMU has the right to propose measures to address the Commission’s concerns and avoid penalties.
It’s best to stay away from Chinese sites, but recently on YouTube I saw an ad for something that looked like an illegal handgun. It’s probably imported from overseas, so I think you’d get arrested if you bought it, but I hope they don’t advertise weird stuff.
The fact that they’re demanding that their own damages be calculated in proportion to their global sales suggests that they’re telling them to get out. Well, it probably isn’t a problem if you don’t pay, but maybe a surcharge for the EU is appropriate.
>>20 Even a major Chinese website ran a scam where they sent a certain number of apples when iPhone X was released lol I don’t mind that kind of flair though lol.
Well, I think it probably contains a fair amount of dioxin, formaldehyde, and other everyday products that completely ignore regulations and have caused problems in various countries in the past.
>>34 I was looking up the market price of a certain down jacket and found a fake one. It’s also an imported product, so if I buy it, I think there’s a chance it will be stopped at customs. You might even get caught.
I think it’s an unreasonable sales expansion, but the strategy that has gained such name recognition should be commended. It is said that mail order has low sales costs, but market principles dictate that as competition intensifies, sales costs will rise.
>>47 Given the concerns, the EU’s best course of action would be to resort to tricky tactics, but they are confronting it head-on. This means that it’s more of an appeal to the EU people than an attempt to win a trade war. Using easy-to-understand methods has more impact. On the other hand, the EU parliament is increasingly losing support.
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