Answer:
This constitutional provision is the lynchpin of Republic Act 7394, otherwise known as the Consumer Welfare Act. RA 7394 aims to protect consumers against hazards to health and safety, protect consumers against deceptive, unfair and unconscionable sales acts and practices, provide information and education to facilitate sound choice and the proper exercise of rights by the consumers, provide adequate rights and means of redress, and involve consumer representatives in the formulation of social and economic policies.
