{"id":555299,"date":"2021-11-09T04:01:07","date_gmt":"2021-11-09T04:01:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/"},"modified":"2021-11-09T04:01:07","modified_gmt":"2021-11-09T04:01:07","slug":"car-dealers-could-face-egp-2-mn-fines-for-price-gouging","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/","title":{"rendered":"Car dealers could face EGP 2 mn fines for price gouging"},"content":{"rendered":"

Car dealers that don\u2019t comply with <\/strong>new rules<\/a><\/strong> to the government says will prevent price gouging will be <\/strong>slapped with fines of up to EGP 2 mn<\/strong>, according to a decision<\/a> by the Consumer Protection Authority printed in the Official Gazette. Starting 15 November, dealers will be required to clearly display the full price of the vehicle (including tax) with a sticker on the windshield, a requirement being introduced by the watchdog to prevent them from overcharging customers. Failing to do so will result in a fine equivalent to double the value of the vehicle in question up to a maximum of EGP 2 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

Car dealers that don\u2019t comply with new rules to the government says will prevent price gouging will be slapped with fines of up to EGP 2 mn, according to a decision by the Consumer Protection Authority printed in the Official Gazette. Starting 15 November, dealers will be required to clearly display the full price of […]<\/p>\n","protected":false},"author":1,"featured_media":555300,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9852],"tags":[9851,144,1747,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auto","tag-auto","tag-automotive","tag-consumer-protection-authority","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"2f34f15f-1e1b-4dd8-9850-83d0ebc9dfe1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/11\/377.jpg","photo_position":"above","related_issue":[555289],"teaser":"","voice_url":""},"yoast_head":"\nCar dealers could face EGP 2 mn fines for price gouging - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Car dealers could face EGP 2 mn fines for price gouging\" \/>\n<meta property=\"og:description\" content=\"Car dealers that don\u2019t comply with new rules to the government says will prevent price gouging will be slapped with fines of up to EGP 2 mn, according to a decision by the Consumer Protection Authority printed in the Official Gazette. Starting 15 November, dealers will be required to clearly display the full price of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-09T04:01:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/377.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Car dealers could face EGP 2 mn fines for price gouging\",\"datePublished\":\"2021-11-09T04:01:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/\"},\"wordCount\":113,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/377.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AUTO\",\"automotive\",\"Consumer Protection Authority\",\"EnterpriseAM\"],\"articleSection\":[\"AUTO\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/09\/car-dealers-could-face-egp-2-mn-fines-for-price-gouging\/\",\"name\":\"Car dealers could face EGP 2 mn fines for price gouging - 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These include companies which advertise that they\u2019ll send prices privately to consumers\u2019 inboxes, he added. Fines will\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599606,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/local-car-dealers-call-for-consumer-protection-authority-intervention\/","url_meta":{"origin":555299,"position":1},"title":"Local car dealers call for Consumer Protection Authority intervention","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"Egypt\u2019s Car Dealers Association (CDA) has called on the Consumer Protection Authority (CPA) to take the necessary action to prevent European auto dealerships from monopolizing the industry, according to Al Mal. The call comes two days after customs duties on fully assembled EU cars fell to 0%. 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AMIC data shows that around 18.9k cars were sold in March, down from 19.5k in the same period last year. That ends a run\u2026","rel":"","context":"In "Automotive"","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/80.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575887,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/02\/your-top-education-stories-of-the-week-30\/","url_meta":{"origin":555299,"position":4},"title":"Your top education stories of the week","author":"enterpriseam admin","date":"2 November 2020","format":false,"excerpt":"Your top education stories of the week: The King Salman International University was inaugurated on Saturday: The university has three branches across South Sinai \u2014 in Sharm El Sheikh, Al Tur, and Ras Sidr \u2014 and is a joint project between Egypt and Saudi Arabia.CIRA\u2019s British Regent School in New\u2026","rel":"","context":"In \"British Regent School\"","block_context":{"text":"British Regent School","link":"https:\/\/enterpriseam.com\/egypt\/tag\/british-regent-school\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573999,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/26\/egypts-consumer-protection-authority-rules-parents-are-getting-back-25-of-last-years-school-bus-fees\/","url_meta":{"origin":555299,"position":5},"title":"Egypt\u2019s Consumer Protection Authority rules parents are getting back 25% of last year\u2019s school bus fees","author":"enterpriseam admin","date":"26 August 2020","format":false,"excerpt":"It\u2019s official: Parents are entitled to a 25% refund of last year\u2019s school bus fees. 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