Meaning of “product liability” in the English Dictionary

"product liability" in Business English

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product liabilitynoun [ U ]

uk us 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.

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)