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Article Consumer’s Right to Information on Products
Authors ROMAN POZHODZHUK
Name of magazine Legal journal «Law of Ukraine» (Ukrainian version)
Issue 7 / 2024
Pages 91 - 103
Annotation

It is well known that the consumer market is the center not only of goods, works, and services but also of information about them, their producers, and sellers. At the same time, receiving such information from consumers is not always smooth, given the information asymmetry that prevails in consumer relations. This leads to the fact that, given the stronger position of the business entity, it can influence the consumer to purchase the relevant goods, works, or services. To avoid this, the legislation balances information asymmetry. 
The purpose of the article is to provide a scientific and legal analysis and to characterize the consumer’s right to information on products. The author established that the right to information about products is a fundamental consumer right, which is designed to provide quality information to the consumer, which will allow him to make the right choice regarding the purchase/non-purchase of products. At the same time, the effectiveness of exercising this consumer right directly depends on its correct regulatory provision. At the same time, in consumer legal relations, the proper provision of the consumer’s right to information about the product, its manufacturer, or seller requires that the necessary legal requirements for providing such information be met, including all its components: necessity, accessibility, completeness, reliability, and timeliness. 
As a conclusion of the conducted research, the author notes that the exercise of the consumer’s right to information has a multifaceted (complex) aspect, as it not only allows the consumer to realize the need to purchase products but also has a preventive function, which consists in the fact that the consumer, in certain cases of obtaining information, can refuse to purchase products that potentially pose a threat to his life, health or do not correspond to his economic interests. In addition, the author proposes a definition of the consumer’s right to information on products. 
 

Keywords consumer; right to information on products; information; information asymmetry; consumer protection
References

Bibliography

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Theses 
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