Consumer protection is a group of
laws and organizations designed to ensure the
rights of
consumers as well as
fair trade, competition and accurate information in the
marketplace. The laws are designed to prevent businesses that engage in
fraud or specified unfair practices from gaining an advantage over competitors. They may also provide additional protection for those most vulnerable in society. Consumer protection laws are a form of government
regulation, which aim to protect the rights of
consumers. For example, a government may require businesses to
disclose detailed information about products—particularly in areas where safety or public health is an issue, such as food. Consumer protection is linked to the idea of consumer rights, and to the formation of
consumer organizations, which help consumers make better choices in the marketplace and get help with
consumer complaints.