There are four main methods of consumer protection: 1) business self-regulation where businesses adopt ethical standards to protect consumers, 2) consumer self-help through education and vigilance against unfair practices, 3) consumers' associations that educate consumers and advocate for their rights, and 4) government regulations through laws enforcing consumer rights and standards for goods and services.
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Methods of Consumer Protection
There are four main methods of consumer protection: 1) business self-regulation where businesses adopt ethical standards to protect consumers, 2) consumer self-help through education and vigilance against unfair practices, 3) consumers' associations that educate consumers and advocate for their rights, and 4) government regulations through laws enforcing consumer rights and standards for goods and services.
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Methods of Consumer Protection
1) There are four main methods of protecting the interests of consumers:
2) Business Self-regulation: The business community itself can help in achi eving consumer protection and satisfaction through self -discipline. Businessmen can regulate their own behaviour and actions by adopting higher ethical standar ds. Trade associations and chambers of commerce can check unfair trade practices used by some businessmen. The businessmen can protect their consumers by follow ing certain ethical norms like Removal of defects in goods or deficiency in service. Replacement of defective goods with new goods of similar description whi ch shall be free from any defect. Return of price paid by the consumer. Payment of compensation for any loss or injury suffered by the consumer. Discontinue the restrictive, or unfair trade practice, and not to repeat it. Withdraw the hazardous goods from being offered for sale and not to offe r them for sale. Provide for adequate cost to the aggrieved party. 1 2. Consumer Self-help: Invariably, consumers are a vulnerable lot for ex ploitation, more so in a developing country with the prevalence of mass poverty and illiteracy. India too is no exception to it. Instances like overcharging, bl ack marketing, adulteration, profiteering, lack of proper services in trains, te lecommunication, water supply, airlines, etc are not uncommon here. Hence every consumer must be alert as self-help is the best help. He should educate himself and know his rights. He should not allow unscrupulous businessmen to cheat him. 3. Consumers' Associations: Consumers should form voluntary associations. These associations can educate and awaken consumers. The Consumer Production Act provi des for a threetier system of redressal agencies: one at district level known as District Forum, second at state level known as 'State Commission', and third at national level known as 'National Commission' which helps the consumers to take organized action and put pressure on businessmen to adopt fair trade practices. 4. Government Regulations: The State can ensure consumer protection through legi slative, executive and judicial actions. The laws enacted by the Government must be strictly enforced by the executive. Government of India has enacted several laws to protect the interests and rights of consumers. Some of these laws are as follows: The Essential Commodities Act, 1955 which aims to regulate and control the prod uction, supply and distribution and prices of essential commodities. o The Prevention of Food Adulteration Act, 1954 which aims to check adulteration in food items and eatables. o The Drugs and Cosmetics Act, 1940 which seeks to ensure purity and quality in drugs and cosmetics. o The Standards of Weights and Measures Act, 1956 which aims at ensuring that co nsumers get the right weight and measurement in products. o The Household Electrical Appliances (Quality Control) Order, 1976 which seeks to ensure safety and quality in the manufacture of electrical appliances. o The Consumer Protection Act, 1986 which seeks to provide speedy and inexpensiv e redressal to the grievances of consumers.