Jordan’s Cellular Device Market to Be Regulated by New Coalition

Amman: The Vision Association for Mobile Devices Investors has announced an initiative to form a coalition consisting of 12 cellular device agents in the Kingdom, with the aim of regulating Jordan's cellular device market. In a statement to the Jordan News Agency (Petra), the association's president, Ahmed Alloush, highlighted that the coalition is part of broader efforts to regulate the market, support investors in this sector, maintain profitability, and address economic challenges. Alloush emphasized that the coalition seeks to tackle issues facing the cellular devices market, such as price discrepancies and unfair trade practices that undermine competition. He explained that the association, in partnership with the coalition of agents, plans to develop a comprehensive system. This system will include issuing a monthly price list based on prices announced on social media platforms to ensure merchants adhere to the specified prices, contributing to market stability and protecting consumer rights. Allous h also stated that the association and the coalition will work to establish a secure credit system to reduce financial risks. This system will be managed by the Vision Association as a neutral party to ensure transparent and effective information sharing among all companies and agents. The coalition aims to achieve market balance and ensure a sustainable and profitable business environment for all stakeholders. Source: Jordan News Agency