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Temu to Be Investigated by EU Regulators | Business Matters (Oct. 31)

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Temu to Be Investigated by EU Regulators | Business Matters (Oct. 31)
Oct-31-2024
EU tech regulators say they will investigate Chinese online retailer Temu. The inquiry will determine if the company violated EU rules meant to prevent the sale of illegal products. This could result in hefty fines for the company. The investigation announced on Tuesday will also focus on Temu’s potentially addictive design.