Posts tagged "product liability tort reform unsafe defective products"

Product Liability Tort Reform: What's the Real Cost?

Corporations that make and sell products that hurt people have zealously fought and lobbied to reduce their liability. They've succeeded, too.  In the past decade or so, most states have enacted some form of product liability tort reform, ranging from non-economic damage caps to statutes that absolve sellers and distributors from any liability at all.  Their most appealing argument has always been that product liability litigation --lawsuits brought by victims who were injured in some way by a defective or unsafe product --are a drag or a drain on our economic system.

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