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ECA said that, according to an initial study, CHG proposed acquisition of Alameda would create a monopoly in the Egyptian healthcare market.
The current organisational structure of the ECA has not been updated since the establishment of the authority in 2005, he added, noting that the new structure will be presented fir discuss to the Board in its next meeting.
This would ensure the improved handling of containers left at customs points in Egypt in a manner that prevents their accumulation in ports and warehouses.
Egypt’s smart transport market can absorb more investors due to its large size: OKA Truck
The company sent a full copy of the obligations and controls it pledged to the ECA to all its customers, allowing them to read the fine print.
The multinational ride-hailing company added in the statement that the acquisition agreement between Uber and Careem, which was inked in March, will now come into effect.
“We will not allow monopolistic practices in IT sector, says Nabil
As per law, ECA to take one of three decisions: approval, rejection, or conditional approval
Main objective of protection of competition law is to protect economic freedom, says Nabil
Such actions violate competition protection, harms consumers, manufacturers, says authority head
The Egyptian Competition Authority has amended the Merger and Acquisition model to be effective starting September. Based on the amendment, Article 19 Sub-Article 2 stipulates businesses of over EGP 100m per year should notify the ECA when they acquire new assets, equity, and stocks, or join alliances. The law also sets a penalty for all …
The Egyptian Competition Authority (ECA) directed several judicial control missions to the various governorates of the republic, after monitoring a number of violations. Some manufacturers in the construction materials’ sector raised their prices to an extent not justified by market elements, and this may constitute a violation of the provisions of the competition law. The …
Average operating profit margin in 2017 dropped to 6%, down from 19% in 2013
Local travel agencies are subject to VAT, which increases burdens on them
The constant changes that struck the Egyptian economy throughout 2016 is only part of the bigger picture and the fluctuations that hit the entire African continent, according to the United Nation’s Economic Commission for Africa’s (ECA) “Economic Report on Africa 2017”. The report was further elaborated in a conference held at the United Nations Information …
Legalising violators’ situations, settling issues with citizens are the most prominent decisions expected: source
The amendment is necessary to improve Egypt’s position in the Global Competitiveness Index and develop the business climate
Egyptian exports to the Kurdistan region amounted to about EGP 672m in 2016, says ECA head
Importers tend to buy used vehicles and then undertake modifications to improve their capacity
Private aviation companies lost 40% of traffic last year due to low tourism
The Egyptian Competition Authority (ECA) dismissed rumours that it would approve the illegal broadcast of the Africa Cup of Nations matches by Egyptian television channels. The ECA said in a statement issued on Sunday that it did not approve broadcasting for any channel. Instead, it emphasised the importance of restoring the spirit of competition within …
The Egyptian Competition Authority (ECA) decided Tuesday to refer the president of the Confederation of African Football (CAF), Issa Hayatou, to the general prosecution after it claimed to have proven that Hayatou violated the Protection of Competition Act. The authority has claimed in a statement that Hayato had abused his position in regards to the …
ECA’s role does not contradict with NTRA’s role in the field of telecommunications, says report
Uber practices flood the market and eliminate competition, says El-Batrawy
The companies had privately agreed on a specific price for the sales of compost, which violates regulations, says ECA
The prosecution did not move forward with the charges against the company and dismissed the case, says Oriental Weavers
The Egyptian Competition Authority (ECA) has revealed the presence of monopolistic practices in the Egyptian automotive sector, leading to a significant increase in the prices of several models and categories of cars. ECA is currently conducting a study to examine the automotive sector in order to detect restrictions and different forms of monopolisation practiced by …
ECA will stand up against any manipulation that harms the interests of citizens, especially in a sector that is as important as the pharmaceutical sector, says El-Garf
beIN Sports breaks articles 5 and 8 of competition protection, prevention of monopolistic practices law, says ECA press release
The ECA has formed a working group to examine whether this act constitutes an exercise of monopoly, according to the provisions of the law on protection of competition