EU Hits AliExpress with Record €550M DSA Fine

The European Commission fined AliExpress €550 million (~$629M) under the Digital Services Act for failing to stop illegal, unsafe, and counterfeit products reaching EU consumers. Regulators found product verification was understaffed, with dangerous toys and cosmetics left listed for weeks after detection. AliExpress must comply by October 20, 2026 or face ongoing penalties.