Fair Trade Practices and Consumer Protection Law

Fair Trade Practices refer to guidelines ensuring honest and ethical conduct in business transactions, protecting consumers from deceptive or unfair practices. In the context of Consumer Protection Law, these practices mandate transparency in advertising, product safety, and accurate information about goods and services. This legal framework empowers consumers to make informed choices, protects them from fraud, and ensures they are treated fairly in the marketplace. Ultimately, it fosters trust between consumers and businesses, promoting a fair and competitive economy.