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Explain types of consumer protection provisions
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The laws are designed to prevent the businesses that engage in fraud or specified unfair practices from gaining an advantage over competitors. ... Consumer protection laws are a form of government regulation that aim to protect the rights of consumers.
[*] Federal Food, Drug, and Cosmetic Act,
[*] Fair Debt Collection Practices Act,
[*] the Fair Credit Reporting Act,
[*] Truth in Lending Act,
[*] Fair Credit Billing Act, and the
[*] Grammâ€“Leachâ€“Bliley Act.
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