Amazon to pay up to $1,000 for injuries by sellers’ goods

Bloomberg

Amazon.com Inc is offering to compensate customers for injuries caused by goods from its third-party sellers, a guarantee that follows numerous lawsuits seeking to hold the world’s largest online retailer responsible for dangerous products purchased from its digital shelves.
In a blog post on Amazon’s corporate site, the company said it would pay shoppers itself for injury or property damage claims under $1,000, which Amazon says account for more than 80% of cases, at no cost to sellers.
“We’re excited that these innovations create a more trustworthy shopping and selling experience for customers and sellers in our store,” the Seattle-based company said in the unsigned post.
Amazon has faced dozens of product-liability claims in recent years from people harmed by products sold by sellers on its marketplace. Third-party sellers account for more than half the items sold on Amazon’s retail site.