Research

Keyword: Consumer protection × Clear all
2 results
Health Supplement and Product Liability in Malaysia: A Call For Reform

Zeti Zuryani Mohd Zakuan · Rahmah Ismail ·Malaysian Journal of Consumer and Family Economics ·2020

The health supplement market in Malaysia is on the rise. This is due to high demand of health supplements by Malaysian consumers. More and more consumers are taking charge of their health and seeking alternatives from medicine. They no longer seek medical advice when they are having health issues. To them, they are responsible towards their own health and will not let others take charge of their health. These consumers get information regarding their health through the internet. They will purchase health supplements which they think are suitable to solve their health issues. However, questions arise as to whether consumers are protected if the health supplement consumed is defective and the consumers suffer damage or injury due to the defect. This paper aims to provide some information regarding health supplements and the product liability law which is supposed to protect the consumer in an event where the consumer suffers injury due to a defective health supplement. It is submitted that product liability is not able to provide protection to consumers in issues relating to health supplements in Malaysia.

Financial Consumer Protection Regime in Malaysia: Assessment of the Legal and Regulatory Framework

Habib Ahmed · Ili Rahilah Ibrahim ·Journal of Consumer Policy ·2018

This paper examines the status of the legal and regulatory framework for consumer protection in Malaysia, an emerging economy. Using leximetrics and notions of incomplete law, the paper explores the financial consumer protection regime in the country by examining two aspects of the legal framework: the legal infrastructure and typology of laws. The Malaysian legal framework for financial consumer protection is assessed in light of the good practices identified in international guidelines issued on the themes by OECD and the World Bank. The results highlight the complementary nature and different roles that laws, regulations, and supporting institutions play in achieving a comprehensive financial consumer protection framework in the country.

Advanced Search

Clear all filters