consumer protection laws


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Related to consumer protection laws: Consumer rights

consumer protection laws

n. almost all states and the federal government have enacted laws and set up agencies to protect the consumer (the retail purchasers of goods and services) from inferior, adulterated, hazardous and deceptively advertised products, and deceptive or fraudulent sales practices. Federal statutes and regulations govern mail fraud, wholesome poultry and meat, misbranding and adulteration of food and cosmetics, truth in lending, false advertising, the soundness of banks, securities sales, standards of housing materials, flammable fabrics, and various business practices. The Magnuson-Moss Act (1973) sets minimum standards for product warranties, providing standards for warranties and making a company that financed the sale responsible for product defects, and creates liability (financial responsibility) for "implied" warranties (when the circumstances show that a warranty of lack of defects was intended) as well as express (specific) warranties. Mail fraud may include fake contests, "low-ball" price traps (bait and switch), supposed credit for referrals of your friends, phoney home improvement loans with huge final payments, and swamp land sales. Some states' laws regulate and give some protection against high-pressure door-to-door sales, false labeling, unsolicited merchandise, abusive collection practices, misleading advertising, and referral and promotional sales. (If a deal sounds too good to be true, it probably is.) Almost all states have agencies set up to actively protect the consumer. (See: fraud, implied warranty, product liability, securities, bait and switch)

References in periodicals archive ?
Consumers should expect to be treated professionally and in a manner that complies with Commonwealth consumer protection laws.
Competition and consumer protection laws are playing a direct and important role in promoting economic growth of Qatar, Consumer Protection Department (CPD) Director Sheikh Jassim bin Jabr al Thani said.
The Cabinet approved a number of draft laws, including one on amending the consumer protection law of 2008, and one on establishing a regional center for the development of early childhood.
Most states have consumer protection laws, and courts across the country have debated whether such laws should apply to licensed professionals, including insurance producers.
Peshawar -- The Peshawar consumer court judge has demanded of the Khyber Pakhtunkhwa government to immediately activate consumer council, provided under the consumer protection law as its absence has increased the case load of the consumer complaints on the District Consumer Court.
This came in a statement to Kuwait News Agency (KUNA) on the sidelines of a GCC ministerial meeting held here today devoted to consumer protection law.
Dubai: A specialised team to monitor retail commerce activities and ensure the implementation of the Consumer Protection Law has been formed by the Department of Economic Development in Dubai (DED), Omar Bu Shahab, executive director of Commercial Compliance and Consumer Protection at the DED told Gulf News.
Consumer Protection BC is a not-for-profit corporation that was created to strengthen consumer protection in BC and enforce consumer protection laws.
Over 300 Egyptians generated recommendations to strengthen the consumer protection law in Egypt at an event in Alexandria sponsored by the US Agency for International Development (USAID).
He assured that Islamabad Chamber of Commerce & Industry would provide full support to The Network for Consumer Protection for creating better awareness in business community as well as in consumers for consumer protection laws because we believe that increased awareness of these laws would promote healthy business practices and enable consumers to get quality products and services.
Noel Hunter, director of Warwickshire Trading Standards Service, said: "Stop Now orders will allow us to deal more quickly and more effectively with traders breaching consumer protection laws.
Under the proposed changes to the Federal Acquisition Regulation, companies found in violation of federal labor, tax, environmental, antitrust and consumer protection laws could be reprimanded.

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