Exec regs are due this week for the one ‘reform’ bill business could come to dread

Executive regulations are due this week for one piece of “reform” legislation the business community could come to dread. The Madbouly Cabinet is reportedly set to approve this week the executive regulations for the amended Consumer Protection Act, unnamed sources at the Consumer Protection Authority tell Amwal Al Ghad. The law gives the CPA the right to impose price controls, to censor advertisements and to regulate the e-commerce, automotive and real estate markets. The act was approved by the House of Representatives last April. Read our rundown on its provisions here.