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Chinese online retailer Temu hit with €200 million fine over unsafe toys and electronics
Chinese online retailer Temu hit with €200 million fine over unsafe toys and electronics

Chinese online retailer Temu hit with €200 million fine over unsafe toys and electronics

Temu was hit with a 200 million euro ($232 million) fine Thursday after a European Union investigation found the Chinese online retailer failed to protect consumers from illegal products like toxic or hazardous toys and unsafe electronics. The 27-nation EU's fine follows preliminary findings last year that Temu was exposing consumers to a high risk

EU fines Temu €200 million over illegal products

EU fines Temu €200 million over illegal products

The EU slapped a €200 million fine on Chinese-owned online retailer Temu on Thursday for allowing the sale of illegal products, including dangerous baby toys and defective chargers. According to EU regulators, European consumers are "very likely to encounter illegal items" on Temu, and the company "seriously underestimated how often EU consumers are