By Admin 
- The company has appealed against the decision, calling the fine excessive.
AliExpress Fine: In today’s time, most of the people are very busy in their life. Everyone wants to relax on weekends. In such a situation, now people prefer to do online shopping at home instead of going out, because almost every essential item is available here and that too at affordable prices. This also saves time and effort of going out.
If you are also among those who do online shopping, then this news is useful for you. The European Union has imposed a fine of 629 million dollars (about 6200 crores) on Alibaba’s e-commerce company AliExpress. Now in such a situation, a question will arise in the minds of many people that why so much fine has been imposed?
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Why was such a huge fine imposed?
According to the European Commission, AliExpress completely failed to stop illegal and counterfeit goods being sold on its platform. Along with this, the company did not take any necessary steps to remove such products.
Fine may be imposed in future also
Along with this, the European Commission has given time to the company on October 20 to present its plan on how it will correct its mistakes by this time. If the company does not follow the rules within the stipulated time, further fine can be imposed. On this matter, AliExpress says that it has strengthened its risk management system as compared to before. The company said that the fine imposed on it is excessive.
Many shortcomings found during investigation
Regulators found many shortcomings in AliExpress during the investigation. It was found that the company could not stop the sale of counterfeit and unsafe goods. Also, illegal items were not removed from the platform. Not only this, but the company could not stop the guilty sellers who were banned from coming on the platform again. That means the company completely failed to stop the goods from being sold against the rules.
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Attention online shoppers
- If you shop online, do not buy anything just because it is cheap.
- Before buying anything, read its review.
- If the goods seem cheaper than they should be, then it is necessary to exercise some caution.
- Keep the return policy in mind while purchasing goods.
- If you are buying goods from a foreign e-commerce platform, then read its details carefully.
- Before buying the goods, check whether they are fake, unsafe and as per the rules or not.