Unified Law on Combating Commercial Deception Reflects GCC Leaders’ Vision: CPA Chairman

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Gulf
  • Date: 23-Aug-2021
  • Source: OER Live
  • Sector: Retail
  • Country: Gulf
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Unified Law on Combating Commercial Deception Reflects GCC Leaders’ Vision: CPA Chairman

Muscat: Sulayem Ali Al Hakmani, Chairman of the Consumer Protection Authority (CPA), has said that the GCC Unified Law (system) on Combating Commercial Deception, issued under Royal Decree No. 54/2021, consolidates the legal setup for the protection of the Sultanate’s markets against harmful practices.

Al Hakmani told Oman News Agency (ONA) that the statute creates balance in the exchange of goods across all stages and provides necessary protection, both for the merchants and consumers in the Sultanate’s market.

He pointed out that markets that harbour harmful practices, like commercial deception and other violations, constitute repugnant climates shunned by investors. This law, he explained, has been enacted to provide more confidence among all business partners.

Al Hakmani added that the law emerged in the implementation of visions of GCC leaders about measures to unify joint action and prevent procedural redundancy, while at the same time monitoring the exchange of commodities in a safe GCC market.

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