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 anti-competitive agreements 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 anti-competitive agreements 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 establishes rules against anti-competitive agreements, as detailed in Articles 10 to 12. It prohibits agreements or contracts between competing persons that aim to fix prices, allocate markets, coordinate bids, or restrict production or distribution. These provisions are designed to prevent collusive practices that harm competition and consumer welfare.

Original source

Scope

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

Complete timeline of this policy change

Hide details
2005-08-17
in force

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