The Ministry of Economy (MOEC) in the United Arab Emirates (UAE) has enacted Federal Decree-Law No. 42 of 2023, designed to strengthen consumer protection and combat commercial fraud. This legislation introduces robust mechanisms to prevent the distribution of counterfeit, adulterated, and defective products, thereby ensuring fair competition and enhancing the UAE’s global competitiveness.
The new law not only reinforces measures to block counterfeit, adulterated, and corrupt products but also significantly boosts consumer protection. It imposes administrative penalties for violations, encouraging compliance and safeguarding product integrity. Additionally, the law bolsters intellectual property rights by aligning with federal laws on consumer protection, trademarks, and commercial agencies, fostering an environment of innovation.
The MOEC has highlighted that the law enhances collaboration between federal and local authorities in the fight against commercial fraud. This cooperative approach marks a significant advancement in creating a competitive business landscape, protecting trademark owners, and ensuring product integrity across the UAE.
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