The Egyptian Competition Authority (ECA), led by Mahmoud Momtaz, recently welcomed a high-level delegation from the European Commission to discuss advancements in competition policies across various markets and economic sectors. The delegation, headed by Annika Eriksgaard, Head of the Directorate-General for Economic and Financial Affairs at the European Union, included representatives from the Ministry of Planning and the UN Trade and Development (UNCTAD).
During the meeting, the delegation was briefed on the steps taken by the Egyptian government to support the Competition Protection Authority and promote competitive neutrality. The discussion also covered the authority’s pre-merger control powers, granted through amendments to Law No. 3/2005, and the latest developments in enforcing competition laws and policies across different sectors and markets in Egypt.
The review of the National Strategy for Supporting Competition Policies and Competitive Neutrality highlighted Egypt’s initiatives and their positive impact on the country’s global economic indicators. Additionally, the meeting focused on enhancing cooperation to promote competition policies and combat monopolistic practices.
Furthermore, the delegation was introduced to the UNCTAD Training Center for Competition Protection in the Middle East and Africa, which plays a crucial role in training competition authority personnel across the region.
