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What action will Amazon take in response to the CPSC ruling by the end of 2024?
3
Resolution / Starting Odds
Recall of products • 25%
Financial settlement • 25%
New safety protocols • 25%
No significant action • 25%
Official announcements from Amazon or the U.S. Consumer Product Safety Commission (CPSC)
Story
CPSC Rules Amazon Responsible for Hazardous Products Sold by Third-Party Sellers and Shipped by Amazon
Jul 30, 2024, 02:13 PM
The U.S. Consumer Product Safety Commission (CPSC) has determined that Amazon is responsible for hazardous products sold by third-party sellers on its platform and shipped by the company. According to the federal safety law, Amazon bears legal responsibility for the recall of these dangerous items. This decision underscores the accountability of online marketplaces in ensuring the safety of products sold through their platforms.
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Launch new safety initiative • 25%
Increase third-party seller regulations • 25%
Lobby for regulatory changes • 25%
Other • 25%
Yes • 50%
No • 50%
Increase by more than 5% • 25%
Increase by up to 5% • 25%
Decrease by up to 5% • 25%
Decrease by more than 5% • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Implement major changes • 25%
Minor adjustments • 25%
No changes • 25%
Other • 25%
None • 25%
1-5 • 25%
6-10 • 25%
More than 10 • 25%
Acknowledges and acts • 25%
Disputes findings • 25%
No comment • 25%
Other response • 25%
Fine imposed • 25%
Operational restrictions • 25%
Forced divestiture • 25%
No action • 25%
Full compliance • 25%
Partial compliance • 25%
Request for extension • 25%
Non-compliance • 25%