EU probes Shein over consumer protection

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Brussels has begun investigation ShinChina-founded ecommerce platforms, anxiety, are violating European consumer protection rules by selling illegal products.

An EU official said on Wednesday that the EU Customer Protection Act had a “rational suspicion” of widespread violations. Brussels tests that Shein is examining whether the terms of the wrong agreement, reducing confusing prices and pushing wrong commercial practices. Already have a Investigation The Chinese online shopping business is going against Temu.

It is the latest problem for the Singapore-Sadar Office fast fashion group Shin, which is planning to publicly trade its shares in London in the first half of 2021, which aims at $ 50 billion evaluation. Crackdown C about duty -free access for Donald Trump’s smaller productsDent the model of its business tooThe

A part of the EU investigation Greater crackdown by block About the floods of import from China, the dangerous and concern about the growth of fake products sent from Asia. Brussels on Wednesday Declaration There are plans to create ecommerce platforms such as Teemu, Shane and Amazon Marketplace for dangerous or illegal products sold online. More than 90 percent of the 1.6 billion low-value parcels imported to the EU in 2021 came from China.

Sheen said that it was “European customers can shop online in peace” and the company wants to “work closely” with the National Security Authority and the European Commission to solve any concerns.

If the Shane EU seems to have violated customer security rules, it has risked the national authority throughout the European Union.

Shain is already investigating by the Commission as per the separate rules for market behavior of big online platforms. In that investigation, Shean is at risk of a 6 percent fine of his global annual turnover.

Sheen, which sells clothing from thousands of Chinese companies at the world’s highest prices, is still waiting for their approval to list Chinese regulators abroad.

Last summer, group Have filed the confidential papers For a list with the UK’s financial regulator and it is still through proper work. It first targeted New York but was transferred to London after being rejected by US regulators.

Was also sheen UK MP Recently and a parliamentary committee was accused of disrespecting after refusing to answer multiple questions about the integrity of its supply discipline as part of a more extensive investigation.

The company later provided the written response to some questions but the committee president Liam Birne wrote again after his claim Failed to clarify Whether it is transmitted to Britain’s products with cotton from Xinjiang, a region associated with the allegations of labor use.

Shein has faced allegations of weak work practice in his supply chain, but has repeatedly said that it has a “zero tolerance policy” about forced labor.