Consumer Protection And Consumer Sovereignty
- IJLLR Journal
- Jun 24
- 1 min read
Ms. Shrishaila B Mudhol, Research Scholar, KSLU, Hubli Karnataka
Mr. Babulal Daragad, Assistant Professor, JSS Sakri Law College Hubli
ABSTRACT
Consumer protection includes laws, regulations, and organizations that safeguard consumer rights, combat fraud, and promote fair competition. These elements are vital components of a functioning market economy as they balance the power dynamics between businesses and consumers. Although consumer protection is not a novel idea, its significance has grown considerably in light of expanding markets and increasing globalization. In a world where consumers face a growing complexity and variety of products and services, protective measures are essential for ensuring safety, rights, and satisfaction.
This article explores the various aspects of consumer protection, covering its historical evolution, fundamental principles, legal structures, and the part consumers play in championing their rights.
Keywords: Consumer Protection, Evolution of Consumer Laws, Consumer Sovereignty, Consumer Rights,