Consumer protection legislation regulates the prices that sellers may charge consumers.

Question

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Consumer protection legislation aims to protect consumers from unfair trade practices, such as misleading advertising and false labeling. It does not typically regulate prices that sellers may charge consumers, as this would interfere with the free market. However, in some cases, price gouging during emergencies or monopolistic practices may be prohibited by law.

Consumer Protection Legislation Regulates the Prices That Sellers May Charge