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Title: Saudi Arabia's Basic Regulation on Consumer Protection 2023: Key Components and Implications
Summary:
The Basic Regulation on Consumer Protection (BRCP) introduced in 2023 modernizes consumer protection in Saudi Arabia. The regulation establishes a clear outline of consumer rights, ensuring safety, quality, and accurate information. The Saudi Authority for Consumer Protection is designated as the primary agency responsible for oversight and enforcement, and the BRCP lays down procedures for arbitration and mediation to resolve consumer grievances. While the regulation brings substantial modernization, its effectiveness in addressing emerging sectors like e-commerce and digital services will be crucial.
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