Fair Trading Standards

Fair Trading Standards refer to regulations designed to ensure that businesses operate honestly and transparently, protecting consumers from unfair practices. These standards cover areas such as advertising, pricing, product safety, and contract terms, ensuring that consumers receive accurate information and fair treatment when purchasing goods and services. By enforcing these standards, regulatory bodies help promote a competitive market, prevent fraud, and ensure that consumers can seek redress if they are wronged, ultimately supporting trust between buyers and sellers.