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Brief Consumer Law & Regulation

China summons Walmart-owned Sam’s Club over food safety

Chinese authorities have summoned representatives of US-based membership-only retailer Sam’s Club for a “formal accountability interview” in response to “frequent food safety issues”, reports the South China Morning Post. According to a notice from the State Administration for Market Regulation (SAMR), the Walmart-owned supermarket chain was urged to “prioritize food safety, strictly fulfil social corporate responsibilities, […]

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Brief Consumer Law & Regulation

Beijing summons e-commerce giants over excessive competition

Beijing’s market regulator has summoned major e-commerce platforms including Taobao, Tmall and JD.com over excessive competition during the ongoing “618” shopping festival, reports Caixin. On Thursday, the Beijing Municipal Administration for Market Regulation held talks with Taobao, Tmall, JD.com, Pinduoduo, Douyin and Xiaohongshu, where the regulator showed a batch of systemic problems uncovered during its ongoing […]

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Brief Consumer Law & Regulation

Shein fined $26 MN for consumer violations in France

Fast-fashion giant Shein faces a combined fine of nearly 22.5 million euros ($26 million) from French authorities for violating consumer protection and environmental rules, reports Caixin. France’s Directorate General for Competition, Consumer Affairs and Fraud Control (DGCCRF) announced on Wednesday that it penalized the e-commerce company over issues related to its return policies, product information disclosure, […]

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Brief Consumer Law & Regulation

Temu fined $232 MN for sale of illegal products in EU

Chinese online retailer Temu has been fined €200 million ($232 million) for not doing ​enough to stop the sale of illegal products, reports Reuters. Further penalties could follow in the coming months as a result of a nearly two-year investigation under the Digital Services Act that requires large online companies to do more to tackle illegal […]

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Brief Consumer Economics & Policy Law & Regulation Politics & Society

EU investigates JD.com’s $2.6 BN bid for Germany’s Ceconomy

EU investigates JD.com’s $2.6 BN bid for Germany’s Ceconomy The European Commission is launching an in-depth investigation into Chinese e-commerce giant JD.com’s €2.2 billion ($2.6 billion) bid to acquire German electronics retailer Ceconomy, reports the South China Morning Post. This comes amid mounting tensions between Brussels and Beijing. A preliminary investigation showed that the Chinese firm could have received […]