Anjali Sharma
GG News Bureau
WASHINGTON DC, 15th May. South Korean antitrust regulator said on Tuesday signed agreements with the Chinese retail platforms AliExpress and Temu to prevent them from selling harmful products and to better protect consumers.
According to the Fair Trade Commission the move came as the customs agency found that some of the products sold on AliExpress, owned by Alibaba, and Temu contained high levels of carcinogens and other harmful substances.
Under the voluntary agreements, the two e-commerce companies will carry out safety checks of their products based on data and the results of monitoring conducted by the South Korean government and other entities, and halt the distribution and selling of hazardous items, media reported.
The Chinese retailers are supposed to inform customers of such information, and the Seoul government will check if the platforms thoroughly implement due follow-up countermeasures.
“The agreements were the first of their kind signed between the South Korean government and foreign online platform operators on product safety,” the FTC said in a release.
“The government will establish a close monitoring system.”
The number of complaints by South Korean users about the products and services on the Chinese platforms has soared.
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