What is the concept of product liability?

The concept of product liability refers to the legal responsibility manufacturers, distributors, retailers, and others have to ensure that the products they provide are safe for consumers to use. This responsibility means that if a product is found to be defective or dangerous, the responsible party can be held liable for any harm that results from the use of that product. This legal framework serves to protect consumers by holding companies accountable for the safety and reliability of their products.

Understanding product liability is crucial for both businesses and consumers. For businesses, failure to adhere to safety standards can lead to lawsuits, damaging their reputation and finances. For consumers, product liability laws help ensure that they have avenues for recourse if they are harmed by unsafe products. This duty extends beyond just manufacturing to include proper labeling, warnings, and instructions for safe use.