THE European Union is preparing to launch an investigation into fast-fashion Temu, the Chinese online shopping business, amid concerns that the ecommerce platform is failing to crack down on sales of illegal products, reports London's Financial Times.
The probe could be launched in coming days under the bloc's Digital Services Act, according to two eu officials familiar with the matter. It could result in fines of up to six per cent of Temu's global revenue.
The European Commission earlier this month asked Temu to provide information about its actions to curb sales of illegal items 'as well as risks relating to consumer protection, public health and users' wellbeing,' it said.
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The probe could be launched in coming days under the bloc's Digital Services Act, according to two eu officials familiar with the matter. It could result in fines of up to six per cent of Temu's global revenue.
The European Commission earlier this month asked Temu to provide information about its actions to curb sales of illegal items 'as well as risks relating to consumer protection, public health and users' wellbeing,' it said.
SeaNews Turkey
