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Thursday, 19 October 2017

Consumer Protection Act’s stipulations on pricing may be unconstitutional, says MP

Requirement that pricing be printed on packaging could be unconstitutional: Article seven of the proposed Consumer Protection Act may be unconstitutional, House Economics Committee member Amr El Gohary tells Al Mal. The article — which stipulates that manufacturers and service providers clearly print or otherwise make clear the prices of their goods and services, and grants Cabinet the power to use mandatory pricing on certain products — contradicts the constitution’s assertion that adopts the concepts of a free economy based on supply and demand, El Gohary says. The amendments to the CPA follow a decree earlier this month forcing food manufacturers to print pricing product packaging that has manufacturers up in arms.

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