RE: https://ec.social-network.europa.eu/@EUCommission/116651733534611734
It's great that the European Commission take another #DSA non-compliance decision. There is so much infringement of the law out there, this is very necessary.
But a 200m EUR fine is laughable. That's worth less than a few days of net profit for #Temu's holding PDD. It could have been 6% of annual global turnover, or 2.8 billion EUR.
With these ridiculously low fines the DSA will never be respected by #BigTech.
Today, we have imposed a €200 million fine on Temu under the Digital Services Act, for failing to identify, analyse, and assess the systemic risks of illegal products being offered on its platform.
The evidence at our disposal indicates that consumers in the EU are very likely to encounter illegal items on Temu.
