Fisher-Price's Negligence Case

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For most companies, a negligence case can become very costly even leading to bankruptcy. Consequently, do to increase in consumer injuries from defective products, the government created the he Consumer Product Safety Commission (CPSC) as a means to help manage consumer protection. Furthermore, the recall initiative addresses the situation of informing and/or removing consumer and companies about defective or dangerous products in the marketplace. What’s more, within the CPSC, various statutes passed by Congress, help in regulating safety for a variety of industries; for instance, the Poison Prevention Packaging Act protects children under age five from poisoning caused to open containers; or the more obscure Virginia Graeme Baker Pool and Spa Safety Act establishes safety standards associated with pools and spas dangers (Seaquist, 2012).…show more content…
Subchapter B of the Consumer Product Safety Act establishes a consumer product safety standard for infant swings (ECFR — Code of Federal Regulations, n.d.). In view of that, had Fisher-Price not recalled cradle swings and serious injuries occurred, the company could have faced a negligence lawsuit and suffered reputation damage. However, it is clear from Fisher-Price’s swift action that the company wants to protect consumer and its

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