July 20 (UPI) -- The European Commission announced a record fine against AliExpress for violating the Digital Services Act on Monday, calling on the platform to take action.

BRUSSELS, July 20 : Alibaba's AliExpress was hit with a record €550 million ($629 million) fine from the European Union on Monday for failing to tackle sales of illegal, unsafe and counterfeit products on its platform. The fine was the third issued by the European Commission under the EU's landmark Digital

BRUSSELS, July 20 : Alibaba's AliExpress was hit with a record €550 million ($629 million) fine from the European Union on Monday for failing to tackle sales of illegal, unsafe and counterfeit products on its platform. The fine was the third issued by the European Commission under the EU's landmark Digital

"This is very dangerous for consumers, unfair for companies which are complying with all our rules," said EU tech chief Henna Virkkunen.