Wednesday, November 7, 2007
Guangdong mulls libel suit against Mattel
A Chinese province is likely to join a planned libel suit against United States giant Mattel, accusing the toy maker of harming the region's reputation. Mattel issued a safety recall on more than 21 million Chinese-made toys recently, but late apologised saying 85% of the recall was due to its design flaws. The incident had stained the reputation of Chinese toy manufacturers and made a large number of toy factories in Guangdong lose a great deal of money.Lida Plastic Toy Co, based in Guangdong, is supporting a lawsuit due to the large losses it incurred following the recall, while Chinese lawyers expect "billions of dollars" in compensation.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment