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 competition authority governance 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 outlines the governance and competencies of the competition authority, known as the Authority for the Protection of Competition and Prohibition of Monopolistic Practices. Articles 21 to 28 detail the structure, meetings, and decision-making processes of the Authority's Board of Directors, including its powers to investigate complaints, issue decisions, and enforce competition rules. The Authority is responsible for ensuring compliance with the law and addressing anti-competitive practices.