LONDON, Oct 30 (Reuters) - The European Commission is
set to launch an investigation into Chinese online retail
platform Temu over whether it is in breach of rules meant to
prevent the sale of illegal products online, Bloomberg News
reported on Wednesday, citing unnamed sources.
The report follows the Commission's Oct. 11 request for
information from Temu under the Digital Services Act, asking
what steps it is taking to stop illegal products being sold on
its platform.
Temu, a unit of PDD Holdings ( PDD ), had to provide the
information by Oct. 21. The Commission at the time said it would
"determine the next steps" after assessing Temu's responses.
Under the European Union's Digital Services Act, companies
with more than 45 million users are designated "very large
online platforms" (VLOPs) and are required to do more to fight
illegal content as well as counterfeit products on their
platforms.
The Commission designated Temu a VLOP in May.
The European Commission declined to comment on the Bloomberg
report. A Temu spokesperson did not immediately reply to a
request for comment.