HAMBURG, Germany -- New EU e-commerce rules should make online retailers based in the bloc more competitive with Chinese rivals and bring in more tax revenue, but they are also likely to drive up prices for consumers.
Retail
EU to force Chinese online vendors to play by its rules
New regulations tighten tax and compliance net for products imported into bloc
Companies involved in handling imports from non-European vendors on shopping platforms like AliExpress could now be legally liable if the products are defective. (Screenshot from AliExpress' website)
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