New Procedural Mechanisms to Combat the Crime of Unlawful Speculation Under Law 21/15

Abstract

Through Law 21/15, which addresses the issue of unlawful speculation, the Algerian legislator introduced new mechanisms, both preventive and procedural, as well as penal deterrents to combat unlawful speculation. The law seeks to address this phenomenon in all possible ways and emphasizes the activation of preventive measures aimed at reducing the occurrence of the crime, as outlined in its second chapter. This chapter mandates the state to adopt a national strategy in this regard. Additionally, it establishes bodies that work to ensure a balance between enabling merchants to earn a legitimate profit while maintaining price stability and the availability of consumer goods, in accordance with legislative regulations that define the actions constituting the crime of unlawful speculation.