Published January 30, 2024 | Version v1
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Analysis of Cooking Oil Shortage Due to Hoarding in the Perspective of Consumer Protection Law

  • 1. Faculty of Law, University of Lampung, Indonesia

Description

This research highlights consumer protection against cooking oil shortages due to hoarding. Price regulation, distribution supervision, and Law Number 8 of 1999 concerning Consumer Protection are the main foundations, with the government playing a key role in ensuring availability and reasonable prices. The practice of hoarding has been criticized for harming consumers and creating market imbalances. Consumer education about the economical use of cooking oil is also considered important. This research uses a normative juridical approach and literature study, exploring factors that trigger hoarding such as detrimental business practices and government policies regarding palm oil production. Although law enforcement is often hampered, the important role of government in maintaining market stability and protecting consumers remains the main focus of this research. The novelty in this research makes a significant contribution to understanding market dynamics and the role of government in overcoming the challenge of cooking oil scarcity.

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