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UAE issues stark warning on price fixing: ‘It’s a crime’

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Price manipulation isn’t just unfair, it’s illegal in the UAE.

The UAE Public Prosecution has issued a strong warning to businesses, making it clear that inflating or fixing prices crosses the line into criminal activity, not clever strategy.

In a statement shared online, authorities reinforced that the UAE’s free-market system is built on fairness, transparency, and strict legal oversight. Any attempt to distort competition or exploit consumers is taken seriously and can carry legal consequences.

At the centre of this is Federal Decree-Law No. 36 of 2023, which bans monopolistic behaviour, price-fixing agreements, and the misuse of market dominance. The goal: keep markets open, competitive, and fair for everyone.

The Public Prosecution also highlighted its role in cracking down on economic crimes, working closely with other authorities to detect violations and protect consumers.

The message is simple: if you manipulate prices, you’re not just bending the rules — you’re breaking the law.

With over 35 years of experience in journalism, copywriting, and PR, Michael Gomes is a seasoned media professional deeply rooted in the UAE’s print and digital landscape.

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Crime

UAE consumers hit by price hike? Firms now face prosecution

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In a strong move to protect consumers and market stability, the UAE Ministry of Economy & Tourism has referred a group of businesses to the Public Prosecution for unjustifiably increasing poultry prices.

Authorities said the group exploited ongoing regional developments to inflate prices, a practice that directly violates consumer protection laws and threatens both food security and economic stability in the country.

What the law says

Under Article 5 of the Regulation of Competition Law UAE, businesses are strictly prohibited from engaging in practices that distort or restrict competition.

This includes:

  • Price-fixing or artificially inflating prices
  • Coordinating to limit supply or control distribution
  • Colluding in tenders or bids
  • Imposing unfair conditions on sales or purchases

The law also bans tactics like hoarding, unjustified stockpiling, or creating artificial shortages to manipulate market prices.

Why this action matters

Officials emphasised that such violations go beyond simple misconduct, they can disrupt entire supply chains and impact everyday consumers.

By taking legal action, the ministry aims to:

  • Maintain stable food prices
  • Protect consumer rights
  • Ensure fair competition in the market
  • Safeguard national food and economic security

Ongoing market monitoring

This case is part of wider inspection campaigns being carried out across the UAE to monitor pricing and prevent manipulation, especially in essential goods like food.

Authorities have signalled zero tolerance for businesses attempting to exploit market conditions for unfair gains.

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Crime

UAE scam warning: Fake toll and parking messages circulating again

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If you’ve received a random message asking you to pay a parking fine, don’t click anything just yet.

Dubai residents are being warned about a new wave of scam messages targeting drivers with fake payment links, and it’s catching people off guard.

According to Parkin, fraudsters are sending texts that look legit, claiming you have outstanding parking payments and urging you to pay immediately.

Here’s the catch
These messages include unverified links designed to steal your personal or financial information.

What the warning says
• Don’t click on unfamiliar links
• Always verify payment requests
• Only use official Parkin channels for payments


Earlier this year, similar scams targeted UAE residents with fake toll messages pretending to be from Abu Dhabi’s DARB system, some even threatening fines to pressure users into paying fast.

In one case, a message claimed a small pending fee, but warned of a Dh100 fine if not paid immediately 

How to spot the scam
Watch out for these red flags:
• Messages from international or unknown numbers
• Generic greetings like “Dear Customer”
• Links that look official, but aren’t
• Urgent threats pushing immediate payment

Authorities, including Ras Al Khaimah Police and the UAE Cybersecurity Council, have repeatedly warned residents not to engage with such messages.

The golden rule
Real toll or parking operators in the UAE don’t ask for payments via random SMS links, and they won’t pressure you with threats.


If it feels suspicious, it probably is. Pause, verify, and protect your information. Because one wrong click could cost you more than just a parking fine.

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Crime

Dubai Police alert: Fake insurance scams are exploding, don’t pay until you read this

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A new warning from Dubai Police is putting residents on high alert as fraudulent insurance schemes surge across the emirate, many of them spreading rapidly through social media.

As part of its ongoing BewareofFraud campaign, authorities revealed that unlicensed companies are luring victims with “too-good-to-be-true” deals, often advertising heavily discounted vehicle and health insurance packages designed to trick unsuspecting buyers.

These fake operators typically promise quick, hassle-free policies at prices far below market rates—pushing some residents to make payments without checking whether the company is legitimate. By the time doubts arise, the money is often gone.

Officials stressed that all legitimate insurers in the UAE are tightly regulated and must follow strict procedures to protect customers. Any offer that seems unusually cheap or rushed should raise immediate red flags.

Despite ongoing monitoring and legal action against fraudsters, Dubai Police made it clear: awareness is your strongest defence. Residents are strongly urged to verify licences, double-check documentation, and avoid engaging with suspicious online ads.

Anyone who encounters potential scams is encouraged to report them immediately via the eCrime platform or by calling 901, the dedicated non-emergency helpline.

With scams becoming more sophisticated, one simple rule could save you: if it feels too good to be true, it probably is.

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