General: Consumer

General: Consumer

Cry Wolf Quotes

It is unreasonable to assume that existing bureaucratic lassitude will be corrected by establishing another layer of bureaucracy.

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Lawrence Kraus, executive of the Consumer Affairs Committee of Chamber of Commerce, Testimony, Legislation and Military Operations Subcommittee of the House Government Operations Committee,Chamber of Commerce Presentations to Congress.
10/09/1973 | Full Details | Law(s): General: Consumer

‘Consumer interest’ is an amorphous concept, made up of many competing elements, and the CPA [Consumer Protection Agency], time and again, will be called upon to make paternalistic judgments as to what is best for 200 million American consumers.

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Lawrence Kraus, executive of the Consumer Affairs Committee of Chamber of Commerce, Testimony, Legislation and Military Operations Subcommittee of the House Government Operations Committee,Chamber of Commerce Presentations to Congress.
10/09/1973 | Full Details | Law(s): General: Consumer

This approach assumes that all consumers want the same thing. As others have pointed out, the ‘consumer interest’ is not a monolithic interest which is easily identified. While some consumers may want safe, high quality products, other consumers may wish to sacrifice these qualities for a lower price tag.

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Lawrence Kraus, executive of the Consumer Affairs Committee of Chamber of Commerce, Testimony, Legislation and Military Operations Subcommittee of the House Government Operations Committee,Chamber of Commerce Presentations to Congress.
10/09/1973 | Full Details | Law(s): General: Consumer

It is our belief that consumers will not be effectively served by establishing an expensive new bureaucracy to assume the Congressional function of overseeing the existing agencies.

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Lawrence Kraus, executive of the Consumer Affairs Committee of Chamber of Commerce, Testimony, Legislation and Military Operations Subcommittee of the House Government Operations Committee,Chamber of Commerce Presentations to Congress.
10/09/1973 | Full Details | Law(s): General: Consumer