Question

Factors responsible for the ineffectiveness of consumer protection programmes

Answer 1

Answer:

Consumer protection is the practice of protecting consumers from unfair practices in the marketplace. Consumer protection measures are often established by law, and efforts for consumer protection are also undertaken by non-governmental organizations. Consumer protection laws are designed to prevent businesses that engage in fraud or specified unfair practices from gaining an advantage over competitors or consumers of a certain product or goods. They may also provide additional protection for those most vulnerable in society. For example, a government may require businesses to disclose detailed information about products—particularly in areas where safety or public health is an issue, such as food.

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