An In-depth Analysis of the Consumer Product Safety Improvement Act of 1990

Summary:

The Consumer Product Safety Improvement Act (CPSIA) of 1990 aimed to enhance consumer product safety in the United States by introducing new compliance measures and expanding the powers of the Consumer Product Safety Commission (CPSC). The Act mandating stricter testing requirements for consumer products, including third-party verification for children's products, and allows the CPSC to issue immediate recalls for hazardous products. While intended to reduce the risk of injury or death, the Act has faced criticism for its impact on small businesses and has led to unintended consequences such as over-regulation of low-risk products.