MPs Moot Bill to Protect Consumers from Predatory Pricing
The protection statute intended to shield customers from deceptive advertising, predatory pricing, and subpar goods will be moved, according to the Committee on Trade, Tourism, and Industry.
MPs Moot Bill to Protect Consumers from Predatory Pricing
The protection statute intended to shield customers from deceptive advertising, predatory pricing, and subpar goods will be moved, according to the Committee on Trade, Tourism, and Industry.
According to the Committee’s Chairperson, Hon. Mwine Mpaka, the rules that safeguard consumers are numerous in this nation, but they are dispersed, making it impossible to rely on them.
Among other laws, he mentioned section 3 of the Uganda National Bureau of Standards Act, section 10 of the 2010 Contracts Act, section 13 of the Sale of Goods and Supply of Services Act, section 5 of the National Drug Policy and Authority Act, and sections 1, 2, and 3 of the Food and Drug Act.
Now, according to Mpaka, the committee will present the bill through a private member, aiding in the protection of consumers against corporate sector exploitation. He said that sales of a variety of narcotics and alcohol to minors will be stopped.
The idea will also shield consumers from dishonest lenders that seem to offer simple loans while actually charging excessive payback rates and hidden expenses.
The long-awaited consumer protection measure will now be moved, according to the Trade Committee. Among other things, the measure will protect customers from buying goods and services that are subpar, dishonest, or fraudulent, according to Mwine Mpaka.
Mpaka claims that the legislation will shield consumers from deceptive advertising. “We have seen television commercials that make fictitious claims, leading viewers to purchase these goods. We have observed it in a variety of beverages, including Kombucha and soft drinks, he continued.
Member of Parliament for Buhweju County, Hon. According to Francis Mwijukye, Ugandans have been duped and offered inferior goods and services, but there have been no redress mechanisms.
“You’ve eaten tainted meat, and now you’re having problems. Where can you get help?” Schools frequently open at the same time as taxi and bus costs are rising, according to Mwijukye.
Hon. Agnes Kirabo, the Central Youth MP, stated that there are many bogus products on the market, particularly because they are often the less expensive and more cost-effective alternatives and are in fact certified. She claimed that the new rule will do more to control poor quality products and safeguard customers.
“It will prevent our nation from battling on the global market; whenever we continue to export subpar goods and products with no value added, we shall be outcompeted,” she stated.
Representative for the Gomba District, Hon. According to Sylvia Nayebale, Uganda has served as a distribution hub for counterfeit goods, and this needs to change.
