As the nation’s consumer protection agency, the FTC takes reports about scammers that cheat people out of money and businesses that don’t make good on their promises. We share these reports with our law enforcement partners and use them to investigate fraud and eliminate unfair business practices.
What are three consumer protection agencies?
Governments throughout history have chartered agencies to safeguard the public from these dangers. We have four principal ones in the United States – the Consumer Product Safety Commission, Food and Drug Administration, Department of Agriculture and the National Highway Traffic Safety Administration.
What are the organs of consumer protection in Nigeria?
The Consumer Protection Council (CPC) is an agency of the Government of Nigeria with the mandate of addressing consumers’ complaints, providing consumer education, and encouraging trade, industry, and professional associations to develop and enforce quality standards designed to safeguard the interests of consumers.
What is the Consumer Protection Act?
The Consumer Protection Act, implemented in 1986, gives easy and fast compensation to consumer grievances. It safeguards and encourages consumers to speak against insufficiency and flaws in goods and services. If traders and manufacturers practice any illegal trade, this act protects their rights as a consumer.
What are the 8 basic rights of consumers?
Consumer Rights Vs Responsibilities
|1||Right to be heard|
|2||Right to Redress|
|3||Right to Safety|
|4||Right to Consumer Education/ Right to be Informed|
What is consumer protection examples?
For example, the U.S. Food and Drug Administration (FDA) calls itself “the world’s premier consumer protection regulatory agency.” Other examples of consumer protection by regulation are occupational licensing, housing codes, the Federal Trade Commission, the Consumer Product Safety Commission, the Securities and …
What is the purpose of the Consumer Protection Act?
To promote consumer education, To establish a legal framework for the achievement of a consumer market that is fair, accessible, efficient, sustainable and responsible, To promote fair business practices, To protect consumers from unfair, unreasonable and/or improper trade practices.
What are the needs for consumer protection?
Consumers protection is needed against all types of pollution so that they can enjoy a healthy environment-free from water, air and food pollution. 4. Consumer protection is also needed against the abuse of monopolistic and restrictive trade practices. Protection delayed is protection denied.
What are the 10 rights of a consumer?
These are the rights to basic needs; safety; information; choice; redress; representation; redress; consumer education, and a healthy environment.