A California appeals court just ruled that Amazon is legally liable for defective products sold on its site by third parties (AMZN)

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· An appeals court in California ruled Thursday that Amazon is legally liable for defective products sold on its site by third parties.
· The court said Amazon "was pivotal in bringing the product," a defective replacement laptop battery, to a customer, who alleged she was burned when it exploded.
· The ruling reverses an...

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