An Analytical Overview of Brazil’s Consumer Protection and Defense Code of 1990

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Summary:

Brazil's Consumer Protection and Defense Code (CDC), enacted in 1990, prioritizes consumer rights and fair market practices. The code outlines consumer rights, holds suppliers liable for damages, and provides multiple means of redress. The CDC has led to enhanced consumer awareness, regulatory oversight, and a significant impact on business practices. However, businesses operating in Brazil face compliance challenges due to stringent requirements. Overall, the CDC has fostered a fair and ethical business environment in Brazil.