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Attachment One Market Regulation and Consumer Affairs (D) Committee 12/15/21 Draft: 8/23/21 Market Regulation and Consumer Affairs (D) Committee Columbus, Ohio August 16, 2021, The Market Regulation
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What is market regulation and consumer?
Market regulation and consumer refers to the rules and regulations set by government authorities to protect consumers from unfair business practices and ensure fair competition in the marketplace.
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Businesses and organizations that engage in selling goods or services to consumers are required to comply with market regulation and consumer laws.
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The purpose of market regulation and consumer is to safeguard consumers from deceptive practices, promote fair competition, and maintain a level playing field in the marketplace.
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Businesses may be required to report details about their products or services, pricing, advertising practices, warranty information, and any complaints or disputes from consumers.
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