New Amendment To The Consumer Protection Law

On April 5, 2024, Law No. 20 of 2024 (the "Law") was passed and published in the Official Gazette, adopting new amendments to the Consumer Protection Law No. 181 of 2018 (the "CPL").

The Law increased the fine imposed for committing the prohibited acts of detaining strategic products intended for sale from trading by concealing them, not offering them for sale, refusing to sell them, or by any other means (the "Offence").

The new Amendment is no different with regards to the imprisonment term which is a minimum of one (1) year, nevertheless, the new Amendment increased the maximum fine from an amount ranging from EGP 100,000 (One Hundred Thousand Egyptian Pounds) to EGP 2,000,000 (Two Million Egyptian Pounds) to an amount ranging from EGP 150,000 (One Hundred and Fifty Thousand Egyptian Pounds) to EGP 3,000,000 (Three Million Egyptian Pounds).