Unpacking the Federal Law for Protection of the Consumer 1992 – A Comprehensive Overview

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Summary:

The Federal Law for Protection of the Consumer (FLPC) was enacted in 1992 in Mexico, modernizing consumer protection policies and incorporating lessons learned from its 1976 predecessor. The law focuses on consumer rights and obligations, establishes the Federal Consumer Prosecutor's Office (PROFECO) as a regulatory body, and introduces stiffer penalties for violations. While praised for its breadth and intent, the law has been criticized for procedural complexities that may deter consumers from pursuing legal remedies.