The U.S. Consumer Product Safety Commission has recalled a million childen’s strollers made by the Maclaren USA company after reports that a side hinge had sliced off fingertips of a dozen children. School of Management Professor Michael Salinger, a former Federal Trade Commission director, says the issue of what the CPSC should be regulating is a hard question.
“It’s a small agency with a potentially huge mandate, so what is a cost-effective use of their resources is not obvious. The right answer depends in part on how effective product liability laws are in deterring companies from selling products that lop off little children’s fingers.”
Contact Michael Salinger, 617-353-4408, email@example.com