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    Mandar Rane
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    The document discusses forms of consumer exploitation such as underweight products, substandard quality, high prices, and lack of safety or incomplete information. It also discusses concepts related to free competition in markets with many producers and consumers and without total price control. The document notes consumer awareness campaigns by the Indian government and the role of the Consumer Guidance Society of India in enforcing consumer protection laws since 1966 through special courts and product testing.

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    The document discusses forms of consumer exploitation such as underweight products, substandard quality, high prices, and lack of safety or incomplete information. It also discusses concepts related to free competition in markets with many producers and consumers and without total price control. The document notes consumer awareness campaigns by the Indian government and the role of the Consumer Guidance Society of India in enforcing consumer protection laws since 1966 through special courts and product testing.

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    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    54 views5 pages

    CPA

    Uploaded by

    Mandar Rane
    The document discusses forms of consumer exploitation such as underweight products, substandard quality, high prices, and lack of safety or incomplete information. It also discusses concepts related to free competition in markets with many producers and consumers and without total price control. The document notes consumer awareness campaigns by the Indian government and the role of the Consumer Guidance Society of India in enforcing consumer protection laws since 1966 through special courts and product testing.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 5

    Forms of Consumer Exploitation

    Underweight and Under Measurement Sub-standard Quality High Prices Duplicate Articles Adulteration and Impurity Lack of Safety Devices Artificial Scarcity False or Incomplete Information Unsatisfactory after-sale service Rough Behavior

    FREE COMPETITION
    Free EXIT and ENTRY of the firm Monopolistic competition There are many producers and many consumers in the market, and no business has total control over the market price. Consumers perceive that there are non-price differences among the competitors' products. There are few barriers for entry and exit. Producers have a degree of control over price.

    CONSUMER AWARENESS
    Jaago Grahak Jaago campaign undertaken by Government Competition Act 2002 after 1991 globalisation

    Consumer Guidance Society of India


    Established in 1966 Enforced government comprehensive Consumer Protection Act, Special Consumer Court Directorate for implementation of the Act. Product Testing

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