Magnuson Moss Warranty Act

FTC Will Keep Consumer Product Warranty Rules in Current Form with Some Modifications

FTC Will Keep Consumer Product Warranty Rules in Current Form with Some Modifications

May 29, 2015
THE MAGNUSON-MOSS WARRANTY ACT: AN OVERVIEW

THE MAGNUSON-MOSS WARRANTY ACT– AN OVERVIEW

In 1975 Congress adopted a piece of landmark legislation, the Magnuson-Moss Warranty Act. The Act was designed to prevent manufacturers from drafting grossly unfair consumer warranties and to make it economically viable for consumers to bring warranty suits by providing for the award of attorney’s fees. States built on the themes of the Magnuson-Moss Act by later passing their own lemon laws.

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