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

Description

Law on the Protection of Competition and the Prohibition of Monopolistic Practices (promulgated by Law No. 3 of 2005) including unilateral conduct 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 regulates unilateral conduct in Article 8, prohibiting persons holding a dominant market position from engaging in practices that abuse their market power. These practices include predatory pricing, refusal to deal, and imposing unfair conditions on customers or suppliers, which could restrict competition.

Original source

Scope

Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2005-05-16
in force

On 16 May 2005, the Law on the Protection of Competition and the Prohibition of Monopolistic Practi…