Source: BBC News [UK State Media]
“The European Union has imposed a €200m ($232m; £173m) fine on Chinese-owned online retailer Temu for having illegal products such as dangerous baby toys and faulty chargers for sale on its platform. The European Commission said the company had ‘failed to diligently identify, analyse and assess the systemic risks’ of the products and the harm they could cause to consumers. Temu has been under investigation since October 2024 over whether it has been meeting its obligations as a designated Very Large Online Platform under EU law. The online retailer said it disagreed with the decision and deemed the fine disproportionate, and was now considering available options.” (05/28/26)