Product Liability For Online Marketplaces And Car-Sharing
By Steven Kramer (September 27, 2018, 1:44 PM EDT) -- "All I know since yesterday is everything has changed." We have moved from purchasing products at retail stores, to ordering from online marketplaces, "sharing" motor vehicles and having groceries delivered by autonomous vehicles. How does traditional product liability law fit into this new world?
Global revenue from online marketplaces (such as Jet.com Inc. and Amazon Inc.) is predicted to more than double from $18.7 billion in 2017 to $40.1 billion in 2022. Online marketplaces are "[a]bout more than selling products. These portals serve consumer demand for resale and rentals, as well as for finding and booking services."
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