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What will be Amazon's primary response strategy to the CPSC ruling by December 31, 2024?
2
Resolution / Starting Odds
Launch new safety initiative • 25%
Increase third-party seller regulations • 25%
Lobby for regulatory changes • 25%
Other • 25%
Amazon policy announcements or official statements
Story
CPSC Rules Amazon Responsible for Hazardous Products, Orders Recall of 400,000 Items
Jul 30, 2024, 07:24 PM
The U.S. Consumer Product Safety Commission (CPSC) has ruled that Amazon is legally responsible for hazardous products sold by third-party sellers on its platform. This ruling mandates that Amazon must recall over 400,000 dangerous items, including hairdryers and defective carbon monoxide detectors, which were distributed and shipped by the company through its Fulfillment by Amazon program. The decision underscores Amazon's legal obligation under federal safety law to ensure product safety and manage recalls, even for items sold by third parties.
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Recall of products • 25%
Financial settlement • 25%
New safety protocols • 25%
No significant action • 25%
Yes • 50%
No • 50%
Less than 10 • 25%
10 to 50 • 25%
51 to 100 • 25%
More than 100 • 25%
Policy change • 25%
Legal defense • 25%
Settlement • 25%
No action • 25%
Full compliance • 25%
Partial compliance • 25%
Request for extension • 25%
Non-compliance • 25%
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%
Acknowledges findings and plans changes • 25%
Disputes findings and makes no changes • 25%
Partially acknowledges and implements some changes • 25%
No official response • 25%
Acknowledges and acts • 25%
Disputes findings • 25%
No comment • 25%
Other response • 25%
Yes • 50%
No • 50%
Implement major changes • 25%
Minor adjustments • 25%
No changes • 25%
Other • 25%