Consumer protection laws are regulations designed to ensure the rights of consumers are upheld in the marketplace. These laws help prevent businesses from engaging in unfair practices, such as false advertising or selling defective products. They aim to promote fair competition and provide consumers with the information they need to make informed decisions.
In many countries, consumer protection laws also establish agencies, like the Federal Trade Commission in the United States, to enforce these regulations. These agencies investigate complaints, educate consumers about their rights, and can take action against companies that violate the laws, ensuring a safer shopping experience for everyone.