Typically, when a company recalls a product for one reason or another, it’s standard practice for retailers who sell said product to remove it from their shelves and take it out circulation. However, a little over two years ago, it was discovered that Best Buy was not following standard protocol for recalled product. And as it turns out, that’s considered illegal by the Consumer Product Safety Commission.
In a July 2014 report, the CPSC alleged that Best Buy, Magnolia, Best Buy Private Auction, CowBoom, and TechLiquidators—all of which are brands owned and operated by Best Buy—continued to sell products that had been recalled up to several years after the fact.
This week, it was reported that Best Buy and the CPSC reached a settlement agreement that will see the big box electronics retailer cough up $3.8 million in fines and penalties.