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Stockpiling Strategic Goods Risks Up to 5 Years Jail
The Consumer Protection Agency has confirmed that blocking strategic goods from circulation, such as hiding them or withholding their sale, is a criminal offense punishable by law with imprisonment and a fine of up to 3 million Egyptian pounds. Additionally, the violating establishment will be shut down, and its license may be revoked if necessary. The agency clarified that Law No. 181 of 2018 on Consumer Protection, as amended by Law No. 20 of 2024, sanctions such practices with penalties ranging from one to five years in prison and hefty financial fines, in order to ensure the availability of goods in the market and to protect consumers' rights. The agency emphasized that strategic goods are not to be exploited for speculation or withheld from citizens, and any attempts to manipulate their availability in violation of the law will be met with strict legal measures.
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