What is a primary goal of consumer protection laws?

The primary goal of consumer protection laws is indeed to equalize the power dynamics between consumers and businesses. These laws are designed to safeguard consumers from unfair business practices, fraud, and exploitation, ensuring that they have a fair chance when engaging in transactions. Given that businesses often possess more information and greater resources than individual consumers, consumer protection laws help level the playing field.

By establishing regulations that require transparency, disclosure of information, and fair treatment in advertising and sales, these laws empower consumers to make informed decisions and seek redress when their rights are violated. This balance is essential for fostering trust in the marketplace, enabling consumers to engage confidently with businesses without fear of deceit or unfair practices.

In contrast, other options, while related to various aspects of business and consumer rights, either do not capture the core purpose of consumer protection laws or focus on secondary outcomes rather than the fundamental objective of empowering consumers.