Oct. 31, 2024
EU to Investigate Temu Over Alleged Failure to Block Illegal Product Sales
TMTPOST -- The European Union is preparing to investigate Temu over concerns that the e-commerce platform is not adequately preventing the sale of illegal products online. The European Commission is expected to open formal proceedings against the platform, operated by China-based PDD Holdings Inc., to assess whether it has breached EU regulations on illicit online activity. Sources close to the matter, who requested anonymity due to the sensitivity of the information, have indicated that the probe could result in substantial fines for Temu if violations are confirmed.
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