Grandmastersexsay :
Taking choice away from the consumer is never good.
In the US you can buy an extended warranty if you want one. The people who don't want to pay for that longer warranty aren't forced to. Companies aren't in business to provide jobs or provide a service to the community. They are in business to make money. Every time the government forces a business to do something, the consumer pays for it.
Maybe if the government always made the right decisions, maybe government intervention would be a good thing. But they're not. They are a bunch of bungling idiots with no understanding of business or the products they are regulating. They can't do anything right.
The free market's survival of the fittest might anger the consumer from time to time, but it ultimately gives the consumer the largest voice. They can vote with their pocketbook. It's the ultimate form of democracy.
If the guarantee for a product to function for a defined period is removed, doesn't that make purchasing extended warranties mandatory for the consumer?
Retailers already reap a large percentage of profits from selling their extended warranties than the actual goods themselves. Manufacturers can lower build quality and quality assurance without falling foul of the law since there is no expectation for it to work at all. It becomes more beneficial for them to design points of failure that can be described as user's fault to squirm their way out of an expensive warranty contract. Now I have no confidence that the product I am purchasing will still function on day 2.
Warranty is protection for the consumer, we expect the product to be functional for a reasonable time and replaced if faulty. The government enforces consumer rights protection for the consumer. You have the choice to extend your piece of mind to 2, 3, 5 or even 10 years because the confidence that the product will function for at least the first 365 days in your possession is there. Like you said, businesses are there to make money from us, that's why we need these laws to outline fair expectations and responsibilities for both sides.