Egypt: Executive regulation of Protection of Competition and Prohibition of Monopolistic Practices Law No. 3 of 2005 (promulgated by Prime Minister's Decree No. 1316 of 2005) including merger control regulation entered into force

Description

Executive regulation of Protection of Competition and Prohibition of Monopolistic Practices Law No. 3 of 2005 (promulgated by Prime Minister's Decree No. 1316 of 2005) including merger control regulation entered into force

On 17 August 2005, the Executive Regulation of the Protection of Competition and Prohibition of Monopolistic Practices Law No. 3 of 2005 (promulgated by Prime Minister's Decree No. 1316 of 2005) entered into force. The regulation includes provisions on merger control, which assess and restrict mergers between firms to prevent market consolidation. Articles 10 to 12 outline the rules governing agreements and contracts between competing persons, prohibiting those intended to fix prices, divide markets, or restrict production, distribution, or marketing in ways that harm competition. These provisions aim to ensure that mergers and agreements do not lead to anti-competitive outcomes.

Original source

Scope

Policy Area
Competition
Policy Instrument
Merger control 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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2005-08-17
in force

On 17 August 2005, the Executive Regulation of the Protection of Competition and Prohibition of Mon…