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Consumer Protection issues warning on strategic goods sanctions
The Consumer Protection Agency has warned against the withholding of strategic goods intended for sale, emphasizing that such an act is a crime punishable by law with penalties that include imprisonment and fines of up to 3 million Egyptian pounds. This measure aims to ensure the availability and stability of these goods in the markets. Law No. 20 of 2024 also stresses the importance of adhering to regulations that guarantee the continuous circulation of essential products, with intensified sanctions in cases of repeat offenses—such as extending imprisonment to five years and imposing higher fines. Regulatory authorities are conducting ongoing campaigns to apprehend offenders and take measures such as closing shops or revoking their licenses, in order to protect consumers' rights and maintain market stability.
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