April 13 last week marked the 26th year the Consumer Act (Republic Act 7394) of the Philippines was signed into law. I came across this article while doing research for my report on Business Ethics about the ethical issues in ‘Advertising, Sales Promotion and Public Relation’. 7394 THE CONSUMER ACT OF THE PHILIPPINES 2. - This Act shall be known as the "Consumer Act of the Philippines." Republic Act 7394 (Consumer Act of the Philippines) Approved : 13 April 1992 Effectivity : 15 July 1992. Declaration of Basic Policy-It is the policy of the State to protect the interest of the consumer, promote his general welfare and to establish standards of conduct for business and industry. Now customize the name of a clipboard to store your clips. 3. WHAT IS REPUBLIC ACT 7394? THE CONSUMER ACT OF THE Republic Act 8792 The E-Commerce Law Contains full text of the Philippine E-Commerce Law. Violations of the provisions of the Consumer Act of the Philippines (Article 39, R.A. 7394) Violations of An Act Prohibiting the Manufacture, Importation, Distribution and Sale of Laundry and Industrial Detergents containing Hard Surfactants and Providing Penalties for Violation thereof (Section 5, … You can change your ad preferences anytime. Consumer Rights and Obligations under the Magna Carta for Residential Electricity Consumers Basic Rights To have quality, reliable, affordable, safe, and regular supply of electric power; Violations of the provisions of the Consumer Act of the Philippines (Article 39, R.A. 7394) Violations of An Act Prohibiting the Manufacture, Importation, Distribution and Sale of Laundry and Industrial Detergents containing Hard Surfactants and Providing Penalties for Violation thereof (Section 5, … Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. 7394 Consumer Act of the Philippines is a law that protects the interest of the consumer, promotes the general welfare, and establishes standards of conduct for business and industry. If you continue browsing the site, you agree to the use of cookies on this website. – GENERAL PROVISIONS . See our Privacy Policy and User Agreement for details. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. – The efficiency of market competition as a mechanism for allocating goods and services is a generally accepted precept. Short Title. Services include transport, electricity, water; roads, etc. Related posts: Machinery provided under the Consumer Protection Act, 1986 for the redressal of consumers complaints Complete information on Consumer […] Short Title - This act shall be known as the "Consumer Act of the Philippines". Enabling Business, Empowering Consumers BACKGROUNDER ON THE CONSUMER ACT OF THE PHILIPPINES (R.A. 7394) Series of 2013 Enabling Business, Empowering Consumers LEGAL BASIS OF RA 7394 THE “TATE “HALL PROTECT CONSUMERS FROM TRADE MALPRACTICES AND FROM SUBSTANDARD OR HAZARDOUS PRODUCT“. Consumer Act of the Philippines 1. The Right to Consumer Education The seventh consumer right is THE RIGHT TO CONSUMER EDUCATION which is the right to acquire the knowledge and skills necessary to be an informed customer. Republic Act 7394 (RA 7394) is the "Consumer Act of the Philippines" which was promulgated on July 15, 1992. See our User Agreement and Privacy Policy. Consumer: refers to any individuals or households that use goods and services generated within the economy Consumer protection: a concept that are designed to ensure fair competition and the free flow of truthful information in the marketplace Government - enacting & enforcement of laws Non government – consumer activism Consumer protection laws: laws designed to prevent businesses that engage in fraud or specified unfair practices from gaining an advantage over competitors and provide additional protection for the weak and those unable to take care of themselves. If you continue browsing the site, you agree to the use of cookies on this website. – This Act shall be known as the “Philippine Competition Act”. View THE CONSUMER ACT OF THE PHILIPPINES.docx from BUSINESS A 127 at University of Santo Tomas. This Act, consisting of 173 articles divided into six Titles, establishes the Consumer Act of the Philippines. It is the policy of the State to protect the interest of the consumer, promote his general welfare and to establish standards of conduct for business and industry. Annotations This is a pdf file. Consumer: refers to any individuals or households that use goods and services generated within the economy Consumer protection: a concept that are designed to ensure fair competition and the free flow of truthful information in the marketplace Government - enacting & enforcement of laws Non government – consumer activism Consumer protection laws: … 2. This law is aimed at protecting the interests of Filipino consumers and to establish standards for business and industry. If you continue browsing the site, you agree to the use of cookies on this website. 14. 7394 or the "Consumer Act of the Philippines" to transactions made with the use of electronic medium. No. The preamble of the law reiterates government policy of protecting and promoting consumer welfare and establishing standards of conduct of business. - It is the policy of the State to protect the interests of the consumer, promote his general welfare and to establish standards of conduct for business and industry. Was promulgated on July 15, 1992 Act 8792 the E-Commerce law Contains full text consumer act of the philippines slideshare the Philippines recent. Are eight basic rights of a Consumer according to the use of cookies this! By the Senate and House of Representatives of the Philippines '' which promulgated! 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