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Shein to come under tighter EU surveillance [Yahoo! Finance]
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The European Commission announced today (26 April) that it had classified Shein as a very large online platform (VLOP) under its Digital Services Act (DSA). The DSA and Digital Markets Act are intended to create an equal and fair market for online businesses. Under the DSA, VLOPs are platforms or sites with more than 45 million EU users per month. Due to its classification as a VLOP, Shein will come under tighter scrutiny to remove illegal products that are listed on its online e-commerce platform. Shein will be expected to provide the European Commission with risk assessment reports every four months. This will include evidence that Shein has put in place preventive measures against counterfeited products or goods that infringe intellectual property from being sold on its platform. Shein will also be asked to consider protecting its younger users from purchasing unsafe products using its platform. The European Commission stated that this would include creating proper a
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