Use BookMyEssay:Competition and Consumer Law Assignment Help

Competition and Consumer Law is an important law, which is linked with law concepts and implemented by government bodies for avoiding unfair competition existing among different business firms. It is vital for students to understand the issues related to businesses and thus protecting consumer rights. This law offers huge career opportunities for students who are highly proficient in this field of study. Competition and Consumer Law assignment help offered by BookMyEssay covers the important regulations and concepts associated with business security and consumer rights.

Competition and Consumer Law covers the following:

• unfair market practices
• product safety as well as labeling
• industry codes
• price monitoring
• industry regulation-electricity, airports, telecommunications, and gas
• mergers and acquisitions.

Why Does Competition and Consumer Law Matter?

Competition and Consumer protection play an important and direct role to promote economic growth and reduce poverty. Competition promotes productivity, innovation, and competitiveness thus contributing an effective business environment. It generates employment and economic growth. It creates opportunities for enterprises whether small-sized or medium-sized, removes barriers, and minimizes corruption.

As mentioned by our Competition and Consumer Law assignment providers, competition enhances the attractiveness of a country promoting investments, national and foreign. It delivers advantages to consumers via improved services, reduced prices, and better choice.

Consumer Law benefits consumers by making sure that can access non-hazardous products, receive adequate information for enabling them to make informed choices as per the individual needs and wishes and for effective redressal.

Empowered consumers who are aware of their rights enforce them and they are subject to fewer abuses. It improves their welfare directly. It creates an equal field level where businesses have common standards and they support competition.

Though competition has several advantages, anti-competitive practices are quite common and the main causes are the following:

• Business conduct restraining competition: It includes agreements entered into businesses not to compete via price fixing, cartels, and territorial divides. Businesses can make legal groupings including cooperatives and marketing boards that function as cartels.
• Government policies burden competition: Governments have restrictive licensing for certain products and sectors including agricultural inputs.

Rights and Business Obligations of Competition and Consumer Law

The Competition and Consumer Law imposes a number of obligations, which businesses should comply with. These obligations and rights are highlighted in our Competition and Consumer Law assignment help online as follows:

• The statements or advertising materials made by businesses should be accurate and truthful. It includes impressions related to what is displayed or created.
• It implements requirements on business, which use direct marketing such as telemarketing or door-to-door selling.
• Businesses should not demand payment for services or goods that consumers dod not ask for.
• A business should not be engaged in unconscionable conduct.
• Businesses should not coerce or unduly harass consumers.
• It creates many automatic guarantees when businesses supply services or goods to consumers
• It is illegal for businesses not to offer refunds when the goods and services are faulty.
• Businesses should deal with consumers fairly. They should take care while dealing with consumers.

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