What do Consumer Protection laws primarily aim to do?

Consumer Protection laws primarily aim to govern relationships between consumers and businesses by establishing frameworks that promote fair trade, competition, and accurate information in the marketplace. These laws are designed to safeguard consumers from unfair practices, deception, and exploitation. By regulating how businesses interact with consumers, these laws ensure that consumers have access to safe products and services, truthful advertising, and the right to make informed choices.

This focus on consumer-business relationships is essential as it creates a balance of power in the market, empowering consumers while holding businesses accountable for their practices. As a result, consumers can engage in transactions with greater confidence, knowing there are protections in place to address any grievances they may encounter.

In contrast, while regulating advertising practices and protecting business interests might be components of the broader consumer protection framework, they do not represent the primary goal of these laws. Facilitating international trade is also not relevant to consumer protection laws, as their main concern is centered on the domestic marketplace and the interactions between consumers and businesses within that space.