Section 2 (6) iv of the Consumer Protection Act, 2019 defines the term “excessive price” as follows.
A trader or a service provider, as the case may be, has charged for the goods or for the services mentioned in the complaint, a price in excess of the price-
(a) fixed by or under any law for the time being in force; or
(b) displayed on the goods or any package containing such goods; or
(c) displayed on the price list exhibited by him by or under any law for the time being in force; or
(d) agreed between the parties.
The Consumer Park Opinion: “Consumer protection holds equal vital to the manufacturing, sales, and service sectors for economic development.” – Dr V. Ramaraj, District Judge Super Time Scale @ District Consumer Commission. The Consumer Park agrees with his views, which was expressed on 24 December 2024 at National Consumer Day event.