Consumer protection
What Consumer protection means in Economics B A-Level, as defined for Pearson Edexcel.
Definitions of Consumer protection
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
Read the wording for your board, then hide it and explain Consumer protection in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Part of the Competition and Markets Authority's remit, alongside competition enforcement, merger control and market investigations, which includes taking action against unfair trading practices.
An aim of regulation that seeks to protect consumers from unfair practices and ensure competition.
Topics that use Consumer protection
- Business regulation (Pearson Edexcel A-Level)
- The Global Financial Crisis (Pearson Edexcel A-Level)
Related terms
- Asymmetric information and market failure
- Consumer protection legislation and standards
- Financial stability
- Franchising
- Market power
- Mergers and takeovers
- Moral hazard
- Natural monopoly
Using Consumer protection in the exam
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