MoE’s Laws and Regulations

Pursuant to the provisions of this resolution, the Consumer Protection Department at the Ministry of Economy shall prepare studies and reports on extraordinary circumstances and crises within the market; identify the reasons for extraordinary increase in prices and shall present the same to the High Committee for Consumer Protection to issue recommendations as to measures necessary to control such increase in prices. The resolution identifies the basis for determining what is considered an extraordinary increase in prices; as well as cases that specifically constitute a state of monopoly, consumer rights – including right of protection against products, production operations, or services causing harm to health or safety, right to be provided with the facts that assist them in proper purchases and consumption and right of compensation and fair settlement of lawful claims, among other rights. The resolution further details provider obligations to recall goods from the local markets or consumers.