Discussion
Today, we fined AliExpress €550M for breaching its obligations under the DSA to diligently assess and mitigate risks relating to the sale of illegal, unsafe or counterfeit products on its e-commerce platform.
Scale is not an excuse; risks must be identified and addressed systematically to ensure consumers can safely shop online.
Today, we are holding AliExpress to this standard and request it to take action.
What % of revenue is that?
I can't find their EU revenue numbers. It's about 0.4% of their worldwide revenue.
@david_chisnall I was nearly certain it would work out as 0.x%, I wasn't sure about 0.0x%. What a deterrent!
I'm actually not sure if it is. AliExpress is notoriously low margin. So even 1% of revenue is probably a pretty noticeable share of their profits. I wouldn't be surprised if that's well over 20% of their profits within the EU for a year. I don't know what percentage of their profits come from unsafe, counterfeit, or illegal products, but it may be less than this fine. Or it may be much more.
I hope the EU made some appropriate calculations before issuing it. And will continue to ratchet the fines if they do not improve.
well done.
Now get the money from them and google and meta...
And while you're at it, do something about tech collaborations with rogue states. Like stopping all collaborations with Israel until they start behaving like reasonable people.
@HennaVirkkunen I'm curious, how do you enforce that fine?
@gsuberland @HennaVirkkunen they do business in the EU
@davidgerard @HennaVirkkunen that doesn't really answer the question.
@gsuberland @HennaVirkkunen the real world is not a perfectly spherical ancap-sphere of neutron star density
@gsuberland I suspect non-compliance leads to action against AE as payment platform provider? Would be the sole single point at which involvement of AE could be noticed; not like sellers would print "this delivery contract was brokered on the Aliexpress platform" onto their packages.
Install bonfire.cafe
Get the full app experience
