Market regulation · 27/11/2015Updated: 10/17/2026 · 1 min read
Philips Lighting North America Corporation Agrees to $2 Million Settlement Over Consumer Product Safety Act Violations
Summary
The US Commission has provisionally accepted a settlement agreement with Philips Lighting North America Corporation, requiring the company to pay a $2 million civil penalty within 30 days, following alleged violations of the Consumer Product Safety Act.