On the Application of Punitive Damages in Consumer Protection
Jie Chen
Abstract
Jie Chen
Abstract
From the malpractice of the existing protection means of consumer rights and punitive damage system as well as the comparison between class action and small l claim,multidisciplinary perspectives and principles of interest balance is of necessity,justice and feasibility for punitive damage system.In our country,perfecting the construction of localization of punitive damages should make clear its functional orientation in the system of consumer protection as well as cooperation and cohesion of regulations concerned within the system.
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From the malpractice of the existing protection means of consumer rights and punitive damage system as well as the comparison between class action and small l claim,multidisciplinary perspectives and principles of interest balance is of necessity,justice and feasibility for punitive damage system.In our country,perfecting the construction of localization of punitive damages should make clear its functional orientation in the system of consumer protection as well as cooperation and cohesion of regulations concerned within the system.
Key concepts: Punitive damages, Business, Class action, Consumer protection, Law and economics, Economic Justice, Balance (ability), Damages