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They should have to buy liability insurance and if the insurer won’t insure them, they can’t list.
by dd36 7y ago
They should have to buy liability insurance and if the insurer won’t insure them, they can’t list.
- Spivak 7y agoOffloading the work of law to insurance companies rather than retailers doesn't really sound like we're making any progress. Sidebar: this is super common btw, had more than one law professor go on a rant about how all the CS people in their courses just want to push everything to the actuaries and create a de-facto court system within insurance.
- dd36 7y agoInsurers already do this... They don’t insure risky companies or they have to charge such a high premium that constantly failing and restarting is not cost effective. I think most complaints here are from people trying to buy legitimate products.
- MichaelApproved 7y agoNah, fines are just a cost of doing business. Anyone selling harmful products, like lead lipstick, should be thrown in jail.
- dd36 7y agoI agree. How do you jail a foreigner? You can’t even class action against sellers nowadays to protect the other buyers because of forced arbitration agreements. But if they had to be insured, the insurance available would be non-existent.