There was nothing unusual in it, as this was aimed at curbing all forms of commercial fraud, including artificial prices hikes. The decree also implies the creation of 500 new jobs at the Ministry of Commerce and Industry to reinforce the ministry’s monitoring mechanism.

The royal decree said: “Expedite, with all force and determination, the adoption of punitive measures against those resorting to foul play with regard to price increases, and publicize the names of the violators, whoever they may be; and there should not be any slackening or negligence in this important matter. The interest of the citizen comes above all other considerations.”

This order from King Abdullah and the follow-up action with determination to take all necessary measures against those involved in price manipulations came with a conviction that any negligence in this respect would produce a negative impact on the citizens as well as on the extent of their taking advantage of the support being rendered by the government.

Foul play with consumer prices is a problem that reflects the magnitude of the enforcement of regulations. This was evident from the fact that every commercial sector resorts to a price hike when they simply hear news about a pay rise or about implementation of any mega projects. Some of them even transgress from the phase of price rise to next phase of artificial increase through creating supply shortages by draining goods from the market. Yet some others resort to reducing the weight of packets of goods along with an increased price. Unmindful of religious teachings, these people are accustomed to exploiting every opportunity to fatten their pockets.

The existing punitive measures, which are comparatively light, will not deter these people from resorting to such ploys. The only effective solution is to enact stringent punitive measures against those involved in commercial fraud, including artificial price increases and adoption of other fraudulent means.

Is there any logic in slapping fines ranging from SR500 to SR1,000 and confiscating products from those involved in such practices in the sale of rice at a commercial shop in Makkah? Aren’t those who commit such crimes that directly endanger the health of the people entitled to get at least a punishment similar to those who violate the copyright law? The punishment for copyright violation includes a fine of up to SR100,000 and compensation to the victims of the crime. There will also be jail time for repeat offenders.

Enacting stringent punitive action and its strict enforcement would protect society. It would also have a soothing effect on the monitoring agencies. The fear about punishment would act as a deterrent. Whatever may be the number of monitors, it would not deter anybody from committing an offense unless there is a painful punishment. Hence, there should be an overhauling of the penal law in this regard. 

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