CPSIA – WSJ Letter to the Editor on Our Favorite Law

AUGUST 26, 2009 6:33 P.M. ET Refusal to Fix Act Hardly Inspires Trust Congress’s refusal to fix the Consumer Product Safety and Improvement Act (” Consumer Product Destruction ,” Review & Outlook, Aug

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CPSIA – WSJ Letter to the Editor on Our Favorite Law

CPSIA Casualties

Image from thephoenix.com

The Consumer Product Safety Improvement Act has already caused what some have estimated to be billions of dollars in business losses. Some have discontinued product lines, while others have closed their doors, or been forced to discard vast amounts of inventory. Here is a sampling of these CPSIA casualties. 

European Company Simba Toys pulls out of American market
http://challengeandfun.typepad.com/my_weblog/2009/03/simba-toys-pulls-out-of-usa-thanks-cpsia.html

Amazon removing thousands of SKUs from toys and games category
http://www.amazonsellercommunity.com/forums/thread.jspa?messageID=2037414&tstart=0

Youth motorcycle and ATV Ban
Dealer left with $118,000 in inventory he cannot sell.
http://www.huffingtonpost.com/2009/03/05/motorcycles-lead-law-pain_n_172109.html

Makers pushing back on toxic-toy law
http://online.wsj.com/article/SB123621357629835121.html?mod=rss_US_News

Rules on toxin stall mini-bike sales
$100 Million worth of child size bikes unsalable, $1 Billion annual loss to industry
http://www.delawareonline.com/apps/pbcs.dll/article?AID=2009903150333

Gymboree shares down 40%
http://www.reuters.com/article/marketsNews/idUSBNG44760220090305

PTA Shop removes all children’s items from shelves
http://chapelhill.mync.com/site/chapelhill/community/story/28612/PTA_Thrift_Shop_Affected_by_Recent_Toy_Regulations/

Suspension of children’s soft toy line + Thrift shop worries
http://www.poststar.com/articles/2009/02/22/business/local/14440956.txt

Hands and Hearts Homeschool History Kits Discontinued Indefinitely
http://handsandhearts.com/index.asp?PageAction=Custom&ID=99

Hawaii doll shop closes
http://www.khnl.com/Global/story.asp?S=9799062&nav=menu55_2

German Toymaker Selecta pulls out of US Market
http://www.playthings.com/article/CA6620437.html