Wednesday, June 21, 2017

Non Cooperation crime under competition law

The head of the legal department at Ghalioungui Trading ltd. was convicted and fined 100,000 L.E. by the Economic Court. The Egyptian Competition Authority (ECA) has been investigating the practices in the medical supplies sector and gathering information from some companies involved in this sector. The ECA referred the head of Legal Department at one of these companies to the Public Prosecution for not cooperating with the ECA officers acting under Article 17 of the Egyptian Competition Law.  Moreover, the ECA had referred Ghalioungui Trading ltd along with other six companies for bid rigging practices in some public tenders under Article 6 (c) of the Egyptian Competition Law.