monopoly
Parliament approves in principle amendments on law fighting monopolies
Egypt
April 22, 2012
Parliament approves in principle amendments on law fighting monopolies
The People’s Assembly Economic Affairs Committee has approved in principle an amendment to the law on protecting competition and banning…
Telecom Egypt Q3 net profit drops 21 pct
Business
November 14, 2011
Telecom Egypt Q3 net profit drops 21 pct
Land-line monopoly Telecom Egypt posted a 21 percent drop in third-quarter net profit on Monday as it continues to suffer…
Business tycoon accused of monopolizing steel market
Business
March 23, 2011
Business tycoon accused of monopolizing steel market
In two reports he submitted to Attorney General Abdel Meguid Mahmoud, President of the Central Auditing Organization(CAO) Gawdat al-Malt accused…
Egyptian PM appoints new Competition Authority chairman
Business
January 11, 2011
Egyptian PM appoints new Competition Authority chairman
Prime Minister Ahmed Nazif has appointed Sameh al-Torgoman chairman of Egypt's Competition Authority for a four-year term. Al-Torgoman succeeds Mona…
Prime Minister blames vegetable price hikes on inclement weather
Business
October 12, 2010
Prime Minister blames vegetable price hikes on inclement weather
Egyptian Prime Minister Ahmed Nazif blamed the recent increase in vegetable prices and a resultant rise in inflation on spoiled…
Iron factories to lower prices in June
Business
May 30, 2010
Iron factories to lower prices in June
Iron factories have reduced the prices of iron for June by around LE300. The average selling price of one ton…
Low sales force iron factories to cut prices
Business
May 18, 2010
Low sales force iron factories to cut prices
Iron factories reduced their prices by LE200-300 in mid May due to a sharp decline in sales during the months…
Monopoly 101
November 24, 2009