financetom
Business
financetom
/
Business
/
Amazon responsible for hazardous products sold by third-party sellers on platform, CPSC says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amazon responsible for hazardous products sold by third-party sellers on platform, CPSC says
Jul 30, 2024 6:20 AM

(Reuters) -Amazon.com is responsible under federal safety law for hazardous products sold by third-party sellers on its platform and bears legal responsibility for their recall, the U.S. Consumer Product Safety Commission (CPSC) said on Tuesday.

The agency said it has issued an order for Amazon ( AMZN ) to propose remediation plans to notify consumers about the hazardous products and to remove them from consumers' homes by encouraging returns or destruction.

More than 400,000 products are subject to this order, the CPSC said, noting in particular faulty carbon monoxide detectors, hairdryers without electrocution protection, and children's sleepwear that violated federal flammability standards.

Amazon ( AMZN ) was a "distributor" of such defective products as they are listed on their website and sold by third-party sellers under the "Fulfilled by Amazon ( AMZN )" program, the agency said.

Amazon ( AMZN ) did not immediately respond to Reuters request for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Intel Launches AI-Compatible Chip
Intel Launches AI-Compatible Chip
Sep 4, 2024
06:44 AM EDT, 09/04/2024 (MT Newswires) -- Intel ( INTC ) said Tuesday it has launched a new series of AI-compatible processors called the Intel Core Ultra 200V. The company said the new processors will be compatible with PCs made by Acer, ASUS, Dell Technologies, HP, Lenovo, LG, MSI, and Samsung. Pre-ordering for computers equipped with the chips began Tuesday....
Viatris Launches Cash Tender Offers for Senior Notes
Viatris Launches Cash Tender Offers for Senior Notes
Sep 4, 2024
06:38 AM EDT, 09/04/2024 (MT Newswires) -- Viatris ( VTRS ) said Wednesday that the company and its units, Mylan and Utah Acquisition Sub, have launched cash tender offers to purchase all the outstanding $750 million of 1.65% senior notes due 2025 and 500 million euros ($552.7 million) of 2.125% senior notes due 2025 and up to $450 million of...
CGI Offers $553.4 Million in Private Placement
CGI Offers $553.4 Million in Private Placement
Sep 4, 2024
06:44 AM EDT, 09/04/2024 (MT Newswires) -- CGI (GIB) said late Tuesday that it is offering 750 million Canadian dollars ($553.4 million) in senior unsecured notes through private placements with agencies across Canada. The offering consists of CA$300 million in 3.987% interest 3-year notes and CA$450 million in 4.147% interest 5-year notes, CGI said. It is expected to be completed...
Salesforce Agrees to Acquire AI-Powered Voice Agent Developer Tenyx
Salesforce Agrees to Acquire AI-Powered Voice Agent Developer Tenyx
Sep 4, 2024
06:57 AM EDT, 09/04/2024 (MT Newswires) -- Salesforce ( CRM ) said late Tuesday that it has signed a definitive agreement to acquire AI-powered voice agent developer Tenyx. Financial details of the deal were not disclosed. The acquisition is slated to be completed in Q3 of Salesforce's ( CRM ) fiscal year 2025, ending Oct. 31, 2024. Price: 246.87, Change:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved