On 6 April the Egyptian Senate approved draft amendments to the Egypt Competition Law. The proposed amendments, which are still pending final approval by the House of Representatives and subsequent ratification by the President, include organizational changes to the Egyptian Competition Authority (ECA), give the ECA authority to directly impose fines without cooperation with the courts, increase the caps for fines, establish a designated committee to review appeals of decisions of the ECA, and introduce a market share threshold at which undertakings are considered to have a dominant position in a market.
Institutional reform
The amendments would elevate the ECA to become an independent regulatory body with full legal personality. The ECA would report directly to the President of the Republic instead of the Cabinet. Furthermore, the amendments alter the governance structure of the ECA. They introduce new provisions governing board composition, executive management, disciplinary
