The European Union has issued a record €550 million fine to the Chinese online marketplace AliExpress. The European Commission levied the penalty due to AliExpress’s failure to adequately prevent the sale of illegal, dangerous, and counterfeit products on its platform. This is a significant crackdown on the prevalence of fake goods sold through Chinese e-commerce sites popular with European consumers. Millions of Europeans regularly shop on platforms like AliExpress, creating a large market for these prohibited items. The EU asserts that AliExpress did not make sufficient efforts to identify and remove these products, violating consumer safety regulations. This fine signals a stricter approach to holding online marketplaces accountable for the goods sold through them.