The book not only seeks to place consumer protection in its purely black letter context but also draws upon wider readings to show that consumer protection law is a complex area of law which reflects and shapes the individual citizens position within the modern economy. That consumer protection laws can do more than simply target firms bad faith or predatory acts law has the capacity to target market failures such as asymmetric information that cause even well meaning firms to engage in inefficient behavior in the shadow of consumer protection law firms and consumers may be. The federal trade commission today announced that the agency will hold a series of public hearings on whether broad based changes in the economy evolving business practices new technologies or international developments might require adjustments to competition and consumer protection enforcement law enforcement priorities and policy. El gohary pointed out that there is a new legal article in the draft law that is inconsistent with the consumer protection law and prevention of monopolistic practices
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