Regulatory Policies and Consumer Confusion: Assessing the Impact and Mitigation Strategies Across Industries
Published: 2024
Author(s) Name: Karuna Nair |
Author(s) Affiliation: Post Graduate Department of Commerce, Sahrdaya College of Advanced Studies, Kerala, India.
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Abstract
In today’s highly regulated market environment, regulatory policies play a crucial role in protecting consumer interests. However, these regulations can inadvertently lead to consumer confusion, affecting purchasing decisions, consumer satisfaction, and overall market efficiency. This study explores the intersection of regulatory policies and consumer confusion, examining the impact across multiple industries and proposing potential mitigation strategies. Through a review of literature, data analysis, and empirical insights, the research provides a comprehensive understanding of the issue, with recommendations aimed at enhancing regulatory clarity and consumer understanding.
Keywords: Consumer Confusion, Regulatory Policies, Mitigation Strategies, Consumer Interest, Purchasing Decisions, Consumer Satisfaction
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