Page 718 - MOE ENGLISH PR REPORT - JULY 2024

7/2/24, 4:39 PM Ministry Of Economy: New Law On Combating Commercial Fraud Bolsters UAE's Legislation And Protects Consumers In Line With …
Prohibiting any involvement in the importation, exportation, production, manufacturing,

display, sale, storage, transportation, marketing, trading, promotion, disposal, or possession

with the intention to sell counterfeit, corrupt or adulterated products. Similarly, undertaking any
of these activities is forbidden. This aligns with the best international standards and reinforces

the UAE's reputation as a country with robust legislation against such practices. This

comprehensive approach aims to protect the interests of both businesses and consumers
alike.

According to the law, commercial fraud involves deceiving a consumer through various

means. This deception can involve altering or modifying elements such as the nature,
quantity, type, price, essential characteristics, origin, source, validity, or providing inaccurate

or misleading commercial information about the promoted products, ultimately misleading the

customer.

The MoEc's Efforts to Combat Commercial Fraud within the Country

The MoEc, in collaboration with the economic departments, has been conducting regular
inspection campaigns in local markets to combat instances of commercial fraud and

trademark counterfeiting. Since the start of 2023, a total of 4,444 inspection rounds have been
conducted by the Ministry, which have identified 620 violations.

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