Abstract:
There are opportunities and difficulties for Bangladesh's consumer protection laws in
the future. Significant challenges still exist, notwithstanding Bangladesh's recent
progress with the introduction of the Consumer Rights Protection Act, 2009, and the
creation of the Directorate of National Consumer Rights Protection. The potential for
more advancement and the crucial areas in need of focus are examined in this abstract.
A promising development is the public's growing understanding of their rights as
consumers. Stepping up government support for redress and enforcement systems.
Technology's potential to improve consumer protection regulations. Global
collaboration and sharing of optimal methodologies. Among the main obstacles are A
lack of knowledge and comprehension of consumer rights, especially in rural areas and
among marginalized groups. Insufficient means and ability to enforce laws effectively.
Restricted customer access to redress channels. A challenge in keeping up with the
quickly changing digital markets. g corporate interests' influence over laws and
regulations.
The following steps are essential to guaranteeing a better future for consumer protection
in Bangladesh:
Bolstering campaigns for consumer education and awareness. Increasing the efficacy
and capability of enforcement. Streamlining processes and enhancing access to redress
channels. Creating frameworks for regulations in developing digital markets.
Encouraging accountability and openness in corporate practices. Promoting the active
involvement of consumer organizations and civil society.
Bangladesh can establish a strong consumer protection system that empowers
consumers, promotes fair competition, and aids in sustainable economic growth by
tackling these issues and realizing its potential.
