Governments of different countries protect the interests of the consumers through the mechanism created by three types of legal provision. These are direct consumer protection laws, anti trust laws or the laws to curb monopolistic practices, and laws to govern management of corporations including trading exchanges. In addition to these laws designed to protect interest of common consumer and investors, other general laws such as contract law also provide some protection to consumers.
Consumer protection laws regulate the quality of different types of goods sold to the manufactures and the disclosure of information about quality, use and prices of these goods. Among others it includes provisions for liability of manufactures and sellers in terms of warranty, guarantee and safety.
Government of India also passed the COPRA act to protect consumers.
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