CPSC hits Mattel with record civil penalty
The U.S. Consumer Products Safety Commission announced that it has hit Mattel, Inc. and its wholly owned subsidiary Fischer-Price with the third largest civil penalty in CPSC history for importing and selling toys containing illegal amounts of lead. The toy manufacturers agreed to pay the $2.3 million penalty, which was the highest of its kind for violations involving the importation or distribution of a regulated product.
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