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Germany investigating Temu on price-fixing suspicions

Germany's Federal Cartel Office on Wednesday announced an investigation into Chinese e-commerce giant Temu, saying it wanted to examine conditions for traders and the company's treatment of the suppliers it relies upon to sell products. "Each month more than 100 million users from European marketplaces visit temu.com," Andreas Mundt, the president of the competition watchdog, said in a statement. Why is the Cartel Office taking action? "For almost a year now the trading platform for German suppl...

Read more at dw.com

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