Sharp Bounds for Sets with Distinct Subset Products

Let $A\subseteq [N]$ be such that for any pair of distinct subsets $B,C\subset A$, the products $\prod_{b\in B}b$ and $\prod_{c\in C}c$ are distinct. We prove that $|A|\leq \pi(N)+\pi(N^{1/2})+o(\pi(N^{1/2}))$, where $\pi$ is the prime counting function, answering a question of Erd\H{o}s.