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The Ministry of Economy and Commerce has announced the two-week closure of a jewellery shop in Hyatt Plaza mall for displaying and selling counterfeit international gold jewellery brands.
The closure followed an inspection drive organised as part of the ministry's efforts to monitor markets and commercial activities in order to crack down on violations, price manipulation and counterfeit and substandard products.
The shop was fined and closed for a two-week period in line with article (7) of law number (8) of 2008. Article 7 compels suppliers to clearly display on the product's package or label the type and nature of the item as well as other relevant data in line with the law's implementing regulations. The law also prohibits the display of fraudulent descriptions, advertisements and misleading statements.
The closure declaration shall be published at the expense of the company that committed the violation in accordance with Article (18) of Law No. (8) on Consumer Protection. The law stipulates that the closure decision shall be published on the Ministry's website and in two daily newspapers at the expense of the company. (TNN)
