What is meant by products liability reform?
Sellers and manufacturers have argued that the shift in legal standards from caveat emptor (let the buyer beware) to strict liability makes them vulnerable to even the most suspect claims, and they have taken this concern to their state legislatures and the United States Congress. As a result, some states have passed laws that help shield sellers and manufacturers from liability or limit their liability in certain cases. One type of reform law permits manufacturers to defend themselves by proving that their products, when manufactured, met generally accepted safety standards. This state-of-the-art defense relieves manufacturers from the almost impossible standard of making a perfect product. When this defense is applied, an injured consumer cannot establish liability by arguing that the product would have been safer if the manufacturer had incorporated safety features that were developed after the product was made. Businesses have also lobbied for the establishment of maximum amounts t