THE CRIME OF ILLICIT SPECULATION UNDER LAW NO. 21/15 ON COMBATING UNLAWFUL SPECULATION IN ALGERIAN LEGISLATION
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Abstract
Algeria's Law No. 21/15 aims to curb the practice of illicit speculation, a phenomenon that disrupts economic balance by artificially raising prices and creating shortages in essential goods. This law responds to the economic and social impact of speculative activities by establishing a legal framework that criminalizes unfair pricing manipulation. The law also emphasizes consumer protection and seeks to ensure equitable market practices by enforcing penalties on individuals and entities engaging in illegal speculation. While Law 21/15 strives to protect market integrity, the extent of its effectiveness remains uncertain, especially given challenges in enforcement and market monitoring. This study examines the limitations of the law and discusses whether additional mechanisms are required to enhance its role in economic security.
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References
Order No. 03/03 of July 19, 2003, regarding competition. Official Journal No. 43, issued July 30, 2003.
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Lour Badra. (2014). Mechanisms to Combat Crimes of Commercial Practices in Algerian Legislation. Doctoral dissertation, Mohamed Khider University of Biskra.
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