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English definition of “product liability”

product liability

noun [U]
 
 
LAW
the area of law that deals with a company's responsibility when a customer is injured or harmed by a product: a product liability case/claim/suit Product-liability suits have dramatically increased costs, and therefore prices. product liability law/legislation/reform
the fact that a company is responsible when a customer is injured or harmed by one of its products: The law shields flu vaccine manufacturers from product liability.
(Definition of product liability from the Cambridge Business English Dictionary © Cambridge University Press)
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