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Market
Number of companies fined by the EU in Temu case by end of 2024
4
Resolution / Starting Odds
None • 25%
1-5 companies • 25%
6-10 companies • 25%
More than 10 companies • 25%
Official EU tech regulator announcements or media reports
Story
Temu Faces Legal Action in EU Over Alleged DSA Breaches by 17 Companies
May 16, 2024, 05:05 AM
Temu, an e-commerce platform, has been accused of manipulative sales techniques and a lack of transparency. Consumer protection groups across the European Union have filed coordinated complaints against Temu, alleging breaches of the EU's Digital Services Act (DSA). The complaints, targeting Temu's practices, have been submitted to the EU tech regulator. A total of 17 companies in the European Union are involved in this legal action. The information was reported by TechCrunch and includes a bundle of consumer complaints.
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No other companies fined • 34%
1-2 companies fined • 33%
3 or more companies fined • 33%
More companies fined • 25%
Legislative changes introduced • 25%
No significant changes • 25%
Increased market monitoring • 25%
0-5 airlines • 25%
6-10 airlines • 25%
11-15 airlines • 25%
16-20 airlines • 25%
None to 5 cases • 33%
6 to 10 cases • 33%
More than 10 cases • 34%
Decline of more than 10% • 25%
Decline of 0-10% • 25%
Growth of 0-10% • 25%
Growth of more than 10% • 25%
0-5 companies • 20%
6-10 companies • 20%
11-20 companies • 20%
21-50 companies • 20%
More than 50 companies • 20%
Settlements • 33%
Fines • 33%
No action • 34%
Less than €1 billion • 33%
Between €1 billion and €2 billion • 33%
More than €2 billion • 33%
Less than $1 billion • 33%
$1 billion to $5 billion • 33%
More than $5 billion • 34%
1-3 banks • 33%
4-6 banks • 33%
More than 6 banks • 33%
Google • 33%
Amazon • 33%
Airbnb • 34%
Temu • 25%
Shein • 25%
Amazon • 25%
Google • 25%