Consumer law and asymmetric information: a brief revision from the Peruvian and Ecuadorian experiences

Mendez-Reategui R.; Villacís D.M.; Ochoa E.T.; Baez G.L. · International Journal of Public Law and Policy (2026) · DOI: 10.1504/ijplap.2026.150296

Resumen

The article aims to identify the theoretical justifications that inspire the right to consumer information protection in Ecuador and Peru. From the methodological point of view, the article proposes a theoretical-conceptual study of the principle of consumer information from a legal and economic perspective. The article is divided into three sections. First, it develops the definitions of consumer information and the guidelines on ‘informational asymmetries’ and other relevant related aspects. The second part presents an analysis of the problems associated with the use and availability of information, which is essential for the understanding of its application in the legal sphere, understood as the protection of the right of access and consumer protection. The third part refers to the notion of ‘trust’ in information as a fundamental element for the legal understanding of consumer relations in the market and the behavioural incentives that become manifest on it. Copyright

Instituciones: Pontificia Universidad Católica del Perú