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A consumer is someone who acquires goods and services for direct use rather than for
reselling or hoarding. All economic activities have consumers at its outset and their
role in the development of market has always been valued. But it was not until the
mid-20th century that the consumers started getting the rights that they always
deserved. Consumer protection was unheard of and a legal framework to define the
relationship between the buyer and the seller was missing. The sudden outburst of
century as companies were trying to sell more at the cost of quality of products. This
resulted in some severe changes in legislation and policies around the world to
safeguard the rights of consumers. On 15th of March 1962, President John F Kennedy
formally addressed the U.S Congress on consumer rights for the first time. To mark
World Consumer Rights Day. President Kennedy asked for a new consumer
movement and thus resulted in the Consumer Rights Bill which has set parameters for
Consumer Protection Acts across the world. Almost everywhere, the Consumer
Protection Act guarantees for the right to information, right to be heard and right to
choose among other special rights guaranteed to protect the interests of consumers.
which governs the least but the saying is not true in some circumstances and
intervention in our daily purchases because of various reasons. Some of the reasons
given when advocating for the “Why Consumers should be protected” is that it keeps
the quality of goods superior, it prevents unethical practices and it guarantees Justice
to the consumer. Other major reasons for these types of policies and acts is that it
gives consumers a sense of confidence and they experiment more in the shopping
which provides the necessary boost to the new businesses, encourages competition
and creates growth. A happy consumers shops more often and it leads to money
changing hands more often and this finally results in a prosperous economy. These
laws are made so that they prevent big companies from using unfair practices to maul
down the newcomers. In certain areas where the health of a consumer is concerned,
the quality of goods and services are monitored strictly. Consumer Rights give
additional support to those at the base of the social pyramid. If Consumers are not
happy with the way they are treated, both businesses and Government should devise
address consumer protection issues, so one can ask whether the federal government
should play a more or less active role in regulating consumer markets (Cohen 1992).
That government should have a major role to play in the protection of the consumer is
between buyer and seller is the result not of visionary political idealism, but rather of
Various scholars believe that much role is to be played by the government in order to
ensure that the basic rights of consumers are not violated. It is necessary in order to
keep the market running smoothly and to make them educated about their rights. The
Government is responsible for creating markets which are efficient, competitive and
fair for both producers, consumers, and traders. Furthermore, the government is also
responsible for the quality check of various food materials before allowing the sellers
to sell them in the market. But the most important responsibility is the one in which it
often fails to deliver which is educating the consumers about their rights. Most of the
consumers are unaware of their rights and this results in their exploitation by big
this direction to make sure that consumers are aware of their rights. The government
must ensure that the consumers are getting fair value for the price they are paying and
who have to bear the loss and the sellers get away with their mistakes. It is indeed true
that the Consumers laws are not strict enough anywhere in the world to deter the
capitalist and profit-oriented companies to stop exploiting their consumers. But the
scenario will change in the coming years. As the consumers getting aware of their
rights, they are pushing forward across the world. The Consumer Protection scenario
in the future is hopefully going to be much better than the contemporary situation.
References:
David Cohen, What Role Should the Federal Government Play in Consumer
http://digitalcommons.pace.edu/lawfaculty/443/
(2011, Aug 23) A History of Consumer Rights and Improvements: Retrieved From
https://www.lexingtonlaw.com/blog/credit-repair/history-consumer-rights-
improvements.html
http://minicom.gov.rw/index.php?id=24&L=2&tx_ttnews%5Btt_news%5D=54&cHash=a1647bf3ce6
ad497ab942a547bfb471e
Saxbe, William B. Ohio State Law Journal, vol. 29, no. 4 (1968), 897-915.
http://hdl.handle.net/1811/69018