Legislation

• what is the aim of consumer protection legislation?

  to ensure consumers are treated fairly by companies
• what is the aim of employee protection legislation?

  to prevent the exploitation of workers
• what is the purpose of health and safety legislation?

  to protect physical and mental wellbeing of their employees, contractors and customers
• what is the purpose of environmental protection law?

  to hold businesses responsible for their environmental impact
• national minimum wage


  the lowest hourly amount employers are legally permitted to pay their workers
• what is the aim of competition laws?

  to protect the interests of both consumers and businesses by restricting anti competitive practices
• cartel


  where a group of businesses collude with each other, usually to agree on setting high prices, in order to improve their profits and dominate the market