Publisher: Maaal International Media Company
License: 465734
Minister of Commerce Majid Al-Qasabi recently revealed that there is a new consumer protection system in its final stages, which will address many of the consumer challenges today, during his meeting with men, women and entrepreneurs in Al-Baha.
Consumer protection is one of the main areas that should be emphasized in awareness programs, and with the advent of Education, customers have become aware of their rights and duties as customers, and now store owners cannot outrun the knowledge of consumer rights regarding which products to buy and what duties to fulfill.
Consumer protection is defined as the practice that is initiated to protect buyers of goods and services, and the public, against unfair practices in the market, by creating consumer protection measures in general through legal force, such laws are measures to prevent companies from engaging in fraudulent activities or unfair business practices.
Companies are engaged in this type of activity to gain the upper hand in the competitive market and also to misdirect customers, and the state also helps with investigations of products that entrepreneurs sell to local customers.
Consumer protection is associated with the idea of consumer rights and the formation of consumer organizations, which help consumers make better choices in the market and pursue complaints against fraudulent companies, entities that promote consumer protection also include government organizations, which defend consumer protection laws and help ensure their full enforcement.
The importance of consumer protection comes the regulations and regulations on Consumer Protection issued by the state have many positive effects in this regard, and consumers should always be vigilant about their rights and duties and know the importance of their rights as well, and in this regard, we mention some benefits .
For consumers they have to get accurate and unbiased information about the products and services they buy, this enables them to make the best choices based on their interests and knowledge preventing them from receiving wrong information or being misled by business people.
Consumer protection policies, regulations and regulations thus help to increase consumer awareness and well-being by ensuring that companies can be held accountable if consumers find them guilty.
At the corporate level, companies that are known for treating consumers fairly will gain a good reputation in the market, which will increase their profitability and competitiveness in terms of reputation as well, which will also lead to long-term economic growth, and consumer protection policies, regulations and regulations ensure that companies are properly organized.
Consumer protection contributes to the economic growth of the state, competitiveness and the creation of a dynamic and effective market for the growth of companies, and companies cannot use fraudulent methods to win competition, and consumer awareness makes companies adopt fair policies and this drives innovation and economic development as companies have to maintain fair prices and high quality of their products and services.
Consumer protection systems and regulations ensure a fair market and thus ultimately protect the individual consumer in his joint transactions, the client must understand consumer protection law, must be proficient in legal research, must know how to interpret legislative legal techniques.