Implementation of Cosmetic Product Labeling Regulations for Consumer Protection and Fair Competition in the Marketplace
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Abstract
The cosmetic product labeling that complies with laws and regulations plays an important role in creating consumer protection and fair competition in the cosmetics market. Under the regulation, cosmetic companies are required to include clear information regarding the composition, benefits, and safety of the product. This aims to ensure that consumers can make informed decisions regarding the products they choose, as well as protect them from potential health risks. Clear regulations also serve to create healthy competition between business actors, where all parties adhere to the same standards. It is important to strengthen existing supervision and legal enforcement systems, as well as raise consumer awareness regarding the importance of information on product labels. The implementation of effective labeling regulations can encourage the cosmetics industry to continue to develop in a more transparent and liable direction, ultimately creating a fairer and safer marketplace climate for consumers.
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