Alibaba Fined Record €550M by EU for Illegal Sales(bloomberg.com)

5 pointsby technewssss9 วันที่ผ่านมา3 comments

Alibaba Fined Record €550M by EU for Illegal Sales

https://www.bloomberg.com/news/articles/2026-07-20/alibaba-fined-550-million-for-illegal-sales-in-biggest-dsa-case

2 comments

oggreen9 วันที่ผ่านมา

Alibaba made $59B last year in gross profit, and the amount will most likely be appealed and reduced.

The biggest issue by far isn't the counterfeit or unsafe products, its the fake reviews, that's where regulators need to focus.

robin_reala9 วันที่ผ่านมา

Why is that a bigger problem than unsafe products?

oggreen9 วันที่ผ่านมา

Because the unsafe product most likely has 200+ "positive" reviews!

victoragudo9 วันที่ผ่านมา