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Consumer protection regulations add a safety net for consumers. The Consumer Financial Protection Bureau monitors financial markets for risks to consumers.
Consumer protection assumes that consumers don't have full information from manufacturers and service providers about the products they are using and purchasing. Consumer protection handles the lack of transparency between producers and consumers.
The consumer protection act 1986 provide better protection to consumers.
how can consumers use consumer protection laws to prectect themselves in the marketplace
disadvantages of consumer protection act 1968
Consumer protection involves both the protected consumers as well as the relevant governmental agencies. The ways of the granted protection involving legislating and enforcing regulatory laws. The means to consumer protection involve mechanism that allow for consumer to petition for redress against grievances.
Consumer protection in India is regulated by the Consumer Protection Act 1986. It was created to make sure that consumers were not taking advantage of.
The Consumer Protection Act protects consumer from fraud. It ensures that consumers are aware of harmful products on the market.
check out consumer protection act 1986
consumers confidence
The Consumer Protection Act was enacted in India in 1986 to provide for better protection of the interests of consumers and to make provision for establishment of consumer councils.
Marion Giordan has written: 'How to be exploited' -- subject(s): Consumer protection, Consumers 'The consumer jungle' -- subject(s): Consumer complaints, Consumer protection