/This item was amended by the law of May 11, 2017/
CHAPTER EIGHTEEN
ECONOMIC CRIMES
Article 18.1. Illegal use of monopoly and dominance in the market
1. In order to limit or eliminate competition in the market, entrepreneurs with a legitimate monopoly and
entrepreneurs with a dominant position entered into collusive deals, artificially created a shortage of goods and
products, stopped the production and sale of goods and products, limited the quantity of goods and products without
reason. set too high a price; sold goods and products at a price lower than the actual cost in order to prevent other
entrepreneurs from entering the market and to force them out of the market; If a competing enterprise or civil
enterprise is prevented from entering the market and causes significant damage to others, a fine of 450 units to 5400
units, or community service for a period of 240 to 720 hours. , or shall be punished with restriction of the right to
travel for a period of one month to one year.
/This section was amended by the law of May 11, 2017/
2. In the event of a disaster, dangerous phenomenon, infectious disease, accident, or danger, price inflation or
artificial shortage of goods is caused by a fine of five thousand four hundred units to twenty seven thousand units.
/This section was added by the law of April 29, 2020./
3. If this crime is committed on behalf of a legal entity and for the benefit of a legal entity, the legal entity shall be
punished with a fine of ten thousand to eighty thousand units.
/The number of this section was amended by the law of April 29, 2020./
Article 18.2. Affecting the exchange rate of currency and national currency
1. In case of spreading false information, selling, buying or making transactions in order to artificially increase or
decrease the value of currency or national currency, a fine of four hundred and fifty units to fourteen thousand units,
or imprisonment for a period of six months to three years restriction of rights, or imprisonment from six months to
three years.
/This section was amended by the law of May 11, 2017/
2. This crime:
2.1. the official abuses the functions, powers and influence of the official;
2.2. if committed by an organized criminal group, shall be punished by imprisonment for a term of one to five years.
3. If this crime is committed on behalf of a legal entity and for the benefit of a legal entity, the legal entity shall be
punished by a fine of 20 thousand units to 120 thousand units.
Article 18.3. Tax avoidance
1. If a tax paying individual or a managing or executive officer of a legal entity deliberately falsely identifies or
hides a large amount of taxable income, property, or goods and services in order to avoid paying taxes, he shall be
fined in the amount of four hundred and fifty units to five thousand and four hundred units, or shall be punished by
performing community service for a period of two hundred and forty hours to seven hundred and twenty hours, or
restricting the right to travel for a period of one month to one year.
/This item was amended by the law of May 11, 2017/
Article 18.4. Violation of the rights of patent holders of inventions, utility models, and product designs
/The title of this article was amended by the law of May 6, 2021./
1. Products protected by patents or products produced by methods protected by patents are manufactured, supplied
to the market, imported, offered for sale, sold, used, or stored for these purposes, or products protected by methods
protected by patents, without the permission of the patent owner, if the patent owner causes more than a small
amount of damage, two a fine of one thousand seven hundred units to five thousand four hundred units, or
community service for a period of two hundred and forty hours to seven hundred and twenty hours, or restriction of
the right to travel for a period of six months to one year, or imprisonment for a period of six months to one year
punish.
/This section was revised by the law of May 6, 2021./
2. This crime:
2.1. committed by an organized criminal group;
2.2. if it is committed repeatedly, a fine of two thousand seven hundred to fourteen thousand units, or community
service for a period of two hundred forty hours to seven hundred twenty hours, or restriction of the right to travel for
a period of six months to three years, or six months shall be punished by imprisonment for up to three years.
/This item was amended by the law of May 11, 2017/
Article 18.5. Illegal introduction of goods across the state border
1. In accordance with the laws and administrative norms issued in accordance with the international agreements of
Mongolia, if goods, treasures and minerals are illegally introduced through the border of Mongolia or through the
customs border, a fine of 450 units to 5400 units will be imposed, or two shall be punished by performing
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