Egypt: Law on the Protection of Competition and the Prohibition of Monopolistic Practices (promulgated by Law No. 3 of 2005) including merger control regulation entered into force

On 16 May 2005, the Law on the Protection of Competition and the Prohibition of Monopolistic Practices (promulgated by Law No. 3 of 2005) entered into force. The law includes provisions for merger control regulation in Article 11(2), requiring persons to notify the Authority upon acquiring assets, shares, or engaging in mergers, amalgamations, or joint management. This ensures oversight of market consolidation to prevent anti-competitive outcomes.