The Egyptian Competition Authority issues its largest price fixing cartel decision and expands the scope of commercially

Last week, the Egyptian Competition Authority (ECA) initiated criminal proceedings against 162 broiler chick producers (“Cartel Members“) for agreeing to set the retail price of broiler chicks daily in Egypt. According to the ECA, this increased the prices of not only chicks but also the consumers' prices of chickens in Egypt.

The ECA has also issued a cartel decision relating to the advertising and publication market, by prohibiting the conduct of five advertising companies that agreed to refrain from participating in public bids. Both cases violated Article 6 of the Egyptian Competition Law No. 3 of 2005 (ECL).