Read the full story: Wall Street Journal
Individuals increasingly find themselves with little choice but stand up against President Obama’s regulatory machine. So congratulations to Craig Zucker, who scored a modest if still costly victory against the Consumer Product Safety Commission earlier this month.
Mr. Zucker cofounded Maxfield & Oberton, which in 2009 began marketing powerful rare-earth magnets as desk toys for office workers. By 2012 Buckyballs were generating $10 million in sales. Then in July 2012 the CPSC filed an administrative suit against the company, citing the risk of children swallowing the magnets and essentially banning Buckyballs from the marketplace. It did not matter that Maxfield & Oberton had included multiple warning labels and kept Buckyballs out of stores that sell children’s toys.