Editing Consumer protection
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'''Consumer protection''' is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the [[marketplace]]. [[Consumer]] protection measures are often established by law. Such laws are intended to prevent businesses from engaging in [[fraud]] or specified [[Anti-competitive practices|unfair practices]] to gain an advantage over competitors or to mislead consumers. They may also provide additional protection for the general public which may be impacted by a product (or its production) even when they are not the direct purchaser or consumer of that product. For example, government regulations may require businesses to disclose detailed information about their products—particularly in areas where public health or safety is an issue, such as with food or automobiles. |
'''Consumer protection''' is the practice of safeguarding buyers of goods and services, and the public, against unfair practices in the [[marketplace]]. [[Consumer]] protection measures are often established by law. Such laws are intended to prevent businesses from engaging in [[fraud]] or specified [[Anti-competitive practices|unfair practices]] to gain an advantage over competitors or to mislead consumers. They may also provide additional protection for the general public which may be impacted by a product (or its production) even when they are not the direct purchaser or consumer of that product.◼️ For example, government regulations may require businesses to disclose detailed information about their products—particularly in areas where public health or safety is an issue, such as with food or automobiles. |
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Consumer protection is linked to the idea of '''consumer rights''' and to the formation of [[consumer organization]]s, which help consumers make better choices in the marketplace and pursue complaints against businesses. Entities that promote consumer protection include government organizations (such as the [[Federal Trade Commission]] in the [[United States]]), self-regulating business organizations (such as the [[Better Business Bureau]]s in the US, [[Canada]], [[England]], etc.), and [[non-governmental organization]]s that advocate for consumer protection laws and help to ensure their enforcement (such as consumer protection agencies and watchdog groups).{{citation needed|date=August 2022}} |
Consumer protection is linked to the idea of '''consumer rights''' and to the formation of [[consumer organization]]s, which help consumers make better choices in the marketplace and pursue complaints against businesses. Entities that promote consumer protection include government organizations (such as the [[Federal Trade Commission]] in the [[United States]]), self-regulating business organizations (such as the [[Better Business Bureau]]s in the US, [[Canada]], [[England]], etc.), and [[non-governmental organization]]s that advocate for consumer protection laws and help to ensure their enforcement (such as consumer protection agencies and watchdog groups).{{citation needed|date=August 2022}} |