84. Requiring businesses to provide complete product information to customers
promotes various consumer interests, but at the same time imposes burdens on
businesses, government, and taxpayers. On balance, the burdens outweigh the benefits,
at least in most cases.
A threshold problem with disclosure requirements is that of determining what
constitutes complete information. Admittedly, legislating disclosure requirements
clarifies the duties of business and the rights of consumers. Yet determining what
requirements are fair in all cases is problematic. Should it suffice to list ingredients,
instructions, and intended uses, or should customers also be informed of precise
specifications, potential risks, and results of tests measuring a products effectiveness
vis-a-vis competing products? A closely related problem is that determining and
enforcing disclosure standards necessarily involves government regulation, thereby
adding to the ultimate cost to the consumer by way of higher taxes. Finally, failure to
comply may result in regulatory fines, a cost that may either have a chilling effect on
product innovation or be passed on to the customers in the form of higher prices. Either
result operates to the detriment of the consumer, the very party whom the regulations
are designed to protect.
These burdens must be weighed against the interest in protecting consumers
against fraud and undue health and safety hazards. To assume that businesses will
voluntarily disclose negative product information ignores the fact that businesses are
motivated by profit, not by public interest concerns. However, consumers today have
ready access to many consumer-protection resources, and may not need the protection
of government regulation. Although health and safety concerns are especially
compelling in the case of products that are inherently dangerous―power tools,
recreational equipment, and the like―or new and relatively untested products,
especially pharmaceuticals, narrow exceptions can always be carved out for these
products.
In conclusion, while stringent disclosure requirements may be appropriate for
certain products, businesses and consumers alike are generally better off without the
burdens imposed by requiring that businesses provide complete product information to
all customers.
有人喜欢“拽名牌”吗?
智能时代的“媒体结合”
婚后小休 minimoon
爱情空窗休整期 boytox period
你知道什么是“啦啦队效应”吗?
什么是white food(白色食物)?
做决定时不要越过“愚蠢线”
令人错愕的资讯 Muffin
你被WJ(工作劫持)了吗?
环保类条条框框 green tape
什么是“爱尔兰双胞胎”?
拿来主义的“快餐观点”
无处不在的“办公室怒气”
你知道什么是“单手食物”吗?
最后的关键时刻 the eleventh hour
新型教学模式“翻转课堂”
其貌不扬的人 eye broccoli
网购时代的“节日包裹焦虑症”
一年中不吉利的日子 Egyptian Days
轻松享受奢侈的“轻奢品”
你吃了“自我华夫饼”了吗?
“分开同居”渐成时尚
了解一下“印象管理”
朋友间的“中间人” transition friend
逆人流而行的“地铁三文鱼”
“拼孩时代”来啦!
你了解自己的“电视脸”吗
“孕傻”英文怎么说?
什么是“网络迷因”
什么是“胖妻心理”?
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