Research Paper on Economic Definition of Consumers

The consumer notion stems from the sociological and economic aspects. Nonetheless, it has formed independent meaning in the domains being legal, which turns into the aspect that triggers the applications of sets of rules which is also collectively known as the law of consumer protection.  Within EU law, the consumer notion is of critical significance, specifically in Brussels I and Rome I Regulations, it, therefore, comprises of certain rules for the protection of the consumer.

In addition, for the CESL “Common European Sales Law” the proposal for commissions comprises a subset of the applicable rules for the transaction of consumers. The instruments of the EU examine consumers for their own purpose. Although these definitions converge it specifically, there are nevertheless few more diversifications. It has therefore prompted the commission to emphasize a uniform and consistent definition that will aid to delimit the consumer scope being more appropriate. Additionally, owing to the minimum character harmonization of the consumer acquis bulk, numerous MS or member state extends personal consumer protection law scope.

                Regardless of being phrased in diverse meanings and ways, the majority of the definition of notions of the consumer is based on the legislation of the EU comprising of a frequent core.  For that reason, a consumer is thought to be a natural individual, who acts outside economic activity scope (for the liberal profession, craft, business, and trade). Such type of definition is thought to be a negative one, as it needs a consumer to act outside a business scope. Such directives often tend to diverge in the economic activity definition, specifically few craft while others do not. One of a far-reaching exemption is to find in the Travel Directive Package that utilizes a consumer’s notion that extends it to comprise of business travelers and companies (such as travel service users and purchasers.