The act of providing shield to consumer from the unethical, exploitative and ‘ unlawful practices of sellers or manufacturers is called consumer protection.
The exploitation of consumers can be categorized under three categories:
1. Physical and mental exploitation:
If the consumer is fooled or forced to purchase a sub-standard quality or a duplicate product, then it leads to mental agony as well as physical loss.
2. Economic exploitation:
If the seller is following malpractices such as hoarding of goods, black marketing and charging higher price than the printed price then it is the economic exploitation of the consumer.
3. Against public interest:
Public interest is not safeguarded when some products are produced by using certain materials which can cause harm to environment.