It seems like quite a light punishment for selling such dangerous products that could literally kill people. The dodgy e-bike batteries have already been linked to several fires. bigclivedotcom takes apart some of the Temu stuff on YouTube and some of the electronics is atrocious.
EU fines Temu €200M for allowing sale of illegal products
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Re: EU fines Temu €200M for allowing sale of illegal products
#102I am very pro free market, but Temu with data harvesting and selling illegal projects should be banned together with tiktok...
Re: EU fines Temu €200M for allowing sale of illegal products
#103Re: EU fines Temu €200M for allowing sale of illegal products
#104I try to a avoid Temu, but they have some good traits, too, like quick and convinient shipping.
Re: EU fines Temu €200M for allowing sale of illegal products
#105Big corp penny slap on the fingers. I dont this amount will change behaviour or incentive to make larger profit.
This is also part of the EU's larger tariffs against China [3].
[0] - https://www.globaltimes.cn/page/202605/1361926.shtml
[1] - https://www.globaltimes.cn/page/202605/1362200.shtml
[2] - https://www.globaltimes.cn/page/202605/1362161.shtml
[3] - https://www.ft.com/content/e28fe696-ac30-4543-a105-febc82789...
Re: EU fines Temu €200M for allowing sale of illegal products
#106I am very pro free market, but Temu with data harvesting and selling illegal projects should be banned together with tiktok...
Doesn’t TEMU have CCP ties? Free market is for businesses and individuals and foreign govt entities should not unfairly benefit from a free market.
Re: EU fines Temu €200M for allowing sale of illegal products
#107It seems like quite a light punishment for selling such dangerous products that could literally kill people. The dodgy e-bike batteries have already been linked to several fires. bigclivedotcom takes apart some of the Temu stuff on YouTube and some of the electronics is atrocious.
They sell adapters to turn oil cans into silencers. Each one should be a violation of the National Firearms Act and subject to up to a half million dollar fine https://www.atf.gov/media/25071/download Nota bened; these are not per-se illegal, but you need to sell them through a firearms dealer and pay for an ATF tax stamp and only in states that have not banned them/all NFA items.
Re: EU fines Temu €200M for allowing sale of illegal products
#108Isn't there some kind of law to disallow imports without a CE / RoHS / etc label? Why allow it to enter the EU, and then fine the seller afterwards?
For electronics without wireless functionality, it is allowed to self-certify. Anyone could also print whatever label they want on their products illegally (i.e. without doing the required paperwork to self-certify). The policemen controlling imports don't have the competency to check for faults, so we get this situation where specialists regularly sample the products, and heavy fines are issued to the importer.
Re: EU fines Temu €200M for allowing sale of illegal products
#109There's something unpleasantly snobbish with the way business is done here, a spirit of "if you have to ask the price, our business is not for you". For example, in Instagram, "Local offerings" pop up all the time in the feed. The ones which are truly local end up in a "call us to know more" button, no pricing info disclosed. The ones that show actual prices tend to be shell companies with no employees, no doubt a thin wrapper around an importer from Asia.
Re: EU fines Temu €200M for allowing sale of illegal products
#110Big corp penny slap on the fingers. I dont this amount will change behaviour or incentive to make larger profit.