What is the main purpose of the Consumer Rights Regulation?

The main purpose of the Consumer Rights Regulation is to protect consumers from fraudulent practices and unsafe products. This regulation is designed to ensure that consumers can make informed decisions and have confidence in the products and services they purchase. By establishing clear rights, such as the right to receive accurate information, the right to safe products, and the right to seek redress for unfair treatment, the regulation helps create a fair marketplace where consumers are safeguarded against exploitation and harm. It places responsibilities on businesses to adhere to ethical marketing and to provide safe and reliable goods and services, thus fostering an environment of trust and accountability between consumers and businesses.