Competition and Consumer Law Assignment Help Online
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We boast of a team of proficient and adept law professionals who are well versed with the myriad of rules and regulations promulgated by legislators to protect the rights of consumers. Competition and consumer law is a vast topic that require students to study a wide range of concepts and conduct extensive research. Our consumer law assignment help service can help you develop impressive essays that leave a positive mark on your professor. Choose us today and secure your dream grades.
What is competition and consumer law?
Competition and consumer laws refer to a body of regulations enacted by the governments to protect the rights of consumers, tame corporate malpractices, and prevent unfair competition among businesses. Our competition and consumer law assignment help professionals highlight the following as some of the essential issues that these laws strive to address:
Competition laws seek to curb anti-competitive conduct by business enterprises. In countries like the USA, these sets of rules are also known as anti-trust and anti-competition laws. Specific countries have national competition laws to handle competition. However, international trade and commerce are often handled by international trade agreements. The General Agreement on Tariffs and Trade (GATT) was the first set of international laws enacted to deal with international trade. It was later replaced by the World Trade Organization (WTO) in 1994.
Competition laws focus on three main areas:
- Dominance and monopoly: Monopoly means absolute control of the market. It happens when a firm is the sole provider of a specific product in demand within the market. Competition laws protect consumers from paying high prices for inferior quality products by limiting large firms from holding significant market shares. For a detailed explanation of this, take advantage of our competition law assignment help service now.
- Acquisitions and Mergers – When firms merge or acquire other businesses, they gain market power. Competition laws seek to avoid leaving the concentration of market power in the hands of a couple of big firms.
- Intellectual property – To promote healthy competition, competition laws aim to protect intellectual laws. If you want to understand this topic further, get our competition and consumer law assignment help now.
Anti-trust is almost similar to competition laws. It is a collection of rules that curtail corporate malpractices and promote fair competition. In the USA, these sets of laws are known explicitly as Anti-trust legislation and covered state governmental and federal laws. They include the Federal Trade Commission Act of 1914, the Clayton Act of 1914, and the Sherman Act of 1980. In other countries, Anti-trust regulations are referred to as competition laws.
The Anti-trust laws cover the following segments according to our competition and consumer law assignment help experts:
- Cartels and collusions – Refers to agreements made by competing firms to prevent the entry of new competitors and control market prices
- Restrictive practices relating to pricing – Anti-trust laws cover restrictive practices that are illegal. Some of these practices include:
- Rigging of bids
- Market sharing
- Group boycott
- Horizontal and vertical integration – Horizontal integration is when a company buys production units of potential competitors, while vertical integration refers to the buying out of all the supply chain stages to eliminate competition.
- Monopoly –This is a market condition where there is a single supplier of a commodity where there are multiple buyers. Monopoly firms control a specific line of business. Monopoly types include:
- Predatory pricing
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- Fair Trade
Fair trade is a social movement, mostly practiced in developed countries, to give manufacturers and producers of commodities in those countries a reasonable price. The campaign seeks to attain sustainable development by aligning global trade practices with environmental standards and social development. Fair trade on prices is mostly applied to commodities such as bananas, wine, coffee, cotton, and handicrafts, which are produced by developing countries and exported to developed countries like Europe, America, and Asia.
- Extended Warranty
An extended warranty is usually extended beyond the standard period to benefit consumers. This type of warranty is provided by the manufacturer, retailer, and the warranty administrator. An extended warranty is mostly found on automobiles and electronics. Our competitive and consumer law assignment help has an elaborate explanation on this, Avail of our assistance at your convenience.
- Product recall
This is an area of consumer protection that is full of controversy. A product is often recalled when there are some safety issues or defects on it. A product recall is a common practice in the FMCG industry. For example, in 2006, Toshiba, Apple, Dell, and Lenovo recalled their computers from the market after reports emerged that the Sony batteries used in the computers overheated and caught fire.
Transparency is a general principle that guides consumer protection laws. It relates to market selection, the product to be sold, and the price structure. Our competition and consumer law assignment help experts can provide you with an elucidated explanation of this when you seek their help.
Why students need help with their competition and consumer law assignments
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Competition and consumer law is a broad topic. This requires more reading and research on the part of the student. Unfortunately, most students do not enjoy spending long hours in the library. For this reason, they are bound to struggle with their assignments. At Eduassignmenthelper.com, we have hired experienced and highly qualified experts to assist you in this regard. Our assignment writers are knowledgeable in competition and consumer laws and possess brilliant assignment writing skills. Also, they are masters of research who knows where and how to look for information. When you seek their help, you can only expect a thoroughly researched and customized content for your essay.
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Other challenges that students face with their competitive and consumer law assignments include:
- Poor writing skills
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