21/10/1995
Mohamed Al- Sayd submitted a working paper titled “Egyptian Chamber of Commerce and its Role of Protecting Consumers”. The Chamber of Commerce protects consumers through three axes: Guiding their members who are producers and merchants, making them aware of their national role in serving people, members following correct occupational performance in the framework of a constitution that all producers, importers, wholesalers and retailers abide by with the right of the chamber to punish members not performing up to the required standard, presenting suggestions and remarks resulting from the study of markets, to official bodies concerned with prices, specifications, providing goods or laws and decisions applied.(Available in Arabic – German in PDF )
The working paper discussed various kinds of protection represented by the following: Price protection, to ensure not having to pay high prices for goods, more than the usual represented by the cost of production and importing, enabling a reasonable marginal profit, health protection, in order to not harm the consumer with them using foods or tampered with or expired medications, safe protection for the consumer to keep them from using counterfeited auto spare parts, preventive protection by which the consumer cannot use or be endangered when appointing terms, specifications and punishments required, censorship protection by which certain goods can be discovered for producers and merchants such as discovering corrupted, expired or non-conforming goods and hence imposing necessary punishments upon the offenders.
