Consumer Protection Laws

Name:

Institution:

Tutor:

Course:

Date:

Consumer Protection Laws

Consumer protection laws are meant to prevent the buyers against unscrupulous scam or being taken advantage by large organizations. Consumer laws ensure that the goods in the market are ideal and safe for the buyer. They protect the buyer from being exploited when buying the goods or receiving the services. In the credit and debit industry, the consumer protection laws protect the clients against fraud and deceit. For example the credit card accountability, responsibility, and disclosure act protects the clients by preventing the companies from increasing rates without providing prior notice to the client (Horvath, Villafranco, & Calkins, 2009).

This makes sure the client is aware and is able to make a decision of whether to continue or terminate the services with the company. In manufacturing, the consumer laws protect the buyer against buying faulty goods and unlicensed goods. It ensures that the goods have mark of quality and are legal goods within the country of jurisdiction. The consumer product safety act protects consumers by regulating products that are potentially harmful or dangerous. The food, drug and cosmetic act ensures manufacturers have goods that are well labelled, and protects against selling illegal and fraudulent drugs and devices (Cseres, 2005).

The food and drug administration ensures food, cosmetics, medical devices, drugs and tobacco products are safe. It supervises and ensures food is safe and health for the consumer. It ensures that research for food and related food and drug concerns are addressed according to the law. Consumer protection laws related to food are followed and hence safe food. My personal opinion on consumer protection laws are effective, since when I buy a packet of milk or tube of toothpaste, I can see the labelling very well, showing the contents of the product, the name of the manufacturer and contacts, the expiry date of the product (Cseres, 2005).

References

Cseres, K. J. (2005). Competition Law and Consumer Protection. Kluwer Law International.

Horvath, A., Villafranco, J., & Calkins, S. (2009). Consumer Protection Law Developments. American Bar Association.