Saturday, June 15, 2024

The product is safe, but they pull it off the market and pay $9 billion in damages

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Johnson & Johnson will pay $8.9 billion to people sued for selling talc-based baby powder. The plaintiffs allege that the powder contained asbestos, a carcinogen that increases the risk of developing cancer. Johnson & Johnson denies this and claims the powder is completely safe. However, the company has withdrawn the controversial product from sale, and will pay huge compensation for several thousand lawsuits.

I wonder, if the powder is completely safe as the company claims, why is Johnson & Johnson withdrawing it from the market and most amazingly paying a huge compensation?

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