- Indicators
- 3
- Leaders
- 10placeholder ratings
- Like it
- 8capabilities
- Developments
- 24
What Market Conduct & Consumer Protection is, and how it is measured
The capacity to keep markets honest for their users: conduct supervision, disclosure regimes and the protection machinery that sustains trust in the system.
Indicators
- Conduct enforcement actions and redress
- Complaint resolution times
- Mis-selling incidence
The nations that lead in Market Conduct & Consumer Protection
These ratings stand in until the capability is rated.
| # | Nation | Rating |
|---|---|---|
| 1 | Japan | AAA |
| 2 | United States | AA |
| 3 | South Korea | AA |
| 4 | Finland | A |
| 5 | France | A |
| 6 | Spain | A |
| 7 | Singapore | BBB |
| 8 | United Kingdom | BBB |
| 9 | Germany | BB |
| 10 | Netherlands | BB |
The capabilities most like Market Conduct & Consumer Protection
Likeness, from 0 to 1, as the Atlas measures it.
How Market Conduct & Consumer Protection came to be
- Geopolitical
- Governance
Historical Developments
Oldest first1872
India passed the Indian Contract Act
The Act laid down the conditions under which promises made by parties to a contract become legally binding on each other. It provided the contractual foundation on which later Indian consumer protection law was built.
1930
India passed the Sale of Goods Act
The Act gave buyers safeguards where purchased goods failed to meet express or implied conditions and warranties. It established statutory quality expectations in Indian commerce.
1934
United States Congress created the Federal Communications Commission under the Communications Act
The Communications Act of 1934 established the FCC to regulate radio and interstate cable, phone and satellite communications. It is cited as a core consumer-facing regulatory statute covering a whole service sector.
1937
India passed the Agriculture Produce Act setting grade standards
The Act provided grade standards for agricultural commodities and livestock products. Standardised grading supported disclosure and quality assurance for food buyers.
early 20th century
United States began regulating consumer affairs at federal and state level
A variety of US laws at both federal and state levels have regulated consumer affairs since the early twentieth century. This layered regime produced bodies such as the Federal Trade Commission and state agencies like the California Department of Consumer Affairs.
1973
United Kingdom passed the Supply of Goods (Implied Terms) Act
The Act implied statutory terms into supply contracts for the benefit of buyers. It strengthened the baseline of quality guarantees that traders could not contract out of.
1977
United Kingdom passed the Unfair Contract Terms Act
The Act restricted the use of unfair terms in contracts affecting consumers. It was part of the postwar expansion of statutory protection against one-sided commercial terms in Britain.
1982
United Kingdom passed the Supply of Goods and Services Act
The Act extended implied statutory terms to the supply of services as well as goods. It broadened consumer protection beyond tangible products.
1987
United Kingdom passed the Consumer Protection Act 1987
The Act became one of the two main pillars of UK consumer protection law. It addressed product liability and unsafe goods.
1988
Brazil mandated a Consumer's Defense Code in its new constitution
The 1988 Constitution of Brazil required the creation of a dedicated consumer protection code, the Código de Defesa do Consumidor. This embedded consumer rights at constitutional level rather than leaving them to ordinary commercial law.
1994
Taiwan promulgated its Consumer Protection Law
The CPL, promulgated on 11 January 1994, protects the interests and safety of customers using products or services supplied by business operators. It was Taiwan's foundational consumer conduct statute.
1997
Pacific Rim Law & Policy Association and the American Chamber of Commerce published a critical study of Taiwan's Consumer Protection Law
The study argued that ambiguous terminology, favouritism towards consumer protection groups and the compensation liability defence undermined the law's effectiveness. It illustrates early scrutiny of how well new consumer statutes worked in practice.
Recent Developments
Most recent first2024
European Union adopted Directive (EU) 2024/2853 on liability for defective products
The directive forms part of the EU's consumer protection architecture alongside the Regulation on general product safety. It governs producers' liability where defective goods cause harm.
2020
United Kingdom remained bound by EU consumer directives through the Brexit transition
Having left the European Union, the UK continued to be bound by EU directives until the end of the transition period in 2020. The departure separated British consumer protection standards from the EU framework thereafter.
February 2019
President Muhammadu Buhari of Nigeria assented to the Federal Competition and Consumer Protection Commission Bill
On 5 February 2019 the Nigerian president signed the 2018 bill into law, creating a combined competition and consumer protection authority. It gave Nigeria a dedicated statutory enforcement body for market conduct.
2019
India enacted the Consumer Protection Act, 2019
The Act is the principal statute specifying consumer protection in India. It consolidated consumer rights and redress machinery in the world's most populous consumer market.
2015
United Kingdom passed the Consumer Rights Act 2015
The Act became, with the Consumer Protection Act 1987, one of the two main UK consumer protection statutes. It consolidated and modernised consumer rights across goods, services and digital content.
2014
United Kingdom wound up the Office of Fair Trading's consumer protection role
Consumer protection issues in the UK were dealt with by the Office of Fair Trading until 2014, after which responsibilities were redistributed. The change restructured which institution supervised market conduct.
2011
Colombia enacted Law 1480 (Estatuto del Consumidor)
Law 1480 of 2011 replaced Colombia's previous consumer protection regime with a comprehensive framework of consumer rights. It remains the primary statute governing market conduct towards consumers in the country.
2005
United Kingdom made the General Product Safety Regulations
The regulations set general safety requirements for products placed on the UK market. They provided a horizontal safety baseline beyond sector-specific rules.
2002
United Kingdom made the Electronic Commerce Regulations and Sale and Supply of Goods to Consumers Regulations
Both instruments were made in 2002, extending disclosure and quality obligations to online trading and to consumer sales. They reflected the shift of market conduct regulation towards digital commerce.
2001
Australia enacted the Australian Securities and Investments Commission Act
Division 2 of Part 2 of the Act deals with consumer protection in relation to financial services and products. It placed financial conduct supervision within the securities regulator's remit.
2000
United Kingdom made the Consumer Protection (Distance Selling) Regulations
The regulations extended consumer safeguards to purchases made at a distance, including by post, phone and online. They marked the adaptation of consumer protection to remote and emerging e-commerce channels.
1999
United Kingdom made the Unfair Terms in Consumer Contracts Regulations
The regulations targeted unfair standard terms imposed on consumers. They complemented the earlier Unfair Contract Terms Act in policing contractual conduct.