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The oversight of the government to protect the consumer is called consumer protection Option A
The term consumer protection has to do with the ability of the government to ensure that the interest of the final consumer of goods and services is safe guarded. Thus may occur via the imposition of a price regime or by avoiding the springing up of monopolies in a given industry.
As such, when the government steps in to ensure that consumers are not cheated or muffled we call that action of the government consumer protection.
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