Institutionalization of Consumer Protection by Government Involvement and Responsabilization of Business Organizations

Gabriela Gheorghiu ()

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 499-503

Abstract: The existence of “sovereign consumer”, appealed by the adherents of free market cult, is jeopardized, within the context of economic reality, by the manifestation of some market failures. Consequently, the purpose of this paper is the argumentation of the importance of direct consumer protection as an instrument for assuring his sovereignty within market economy.

Keywords: consumer protection; institutions; legislation; government; business organizations (search for similar items in EconPapers)
JEL-codes: D18 K29 M14 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:12:p:499-503

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