describe any three causes of passing consumes protection act 1986 by indian goverment
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Explanation:
India Code: Consumer Protection Act, 1986. Long Title: An Act to provide for the better protection of the interests of consumers and for that purpose to make provision for the establishment of consumer councils and other authorities for the settlement of consumers disputes and for matters connected therewith.
Long Title: An Act to provide for the better prot...
Act Number: 68
THE REASONS ARE AS FOLLOWS-
1. The market is an exploitative place for the consumer, the protection of the interests of the consumers against unethical and unfair practices, hoarding, black marketing and adulteration of food items etc. was the need of the hour.
2. Powerful companies with huge wealth, power and reach often manipulated the market for their own benefits. Also, at times, false information was circulated through media and other sources with the primary and only objective of attracting customers.
3. In a manipulative scenario, the need for legal action and rights for the representation of the consumers was felt to be necessary, in order to seek appropriate compensation in cases of losses to the consumer.
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