On 6 December the Egyptian House of Representatives approved an
amendment to the Egyptian Competition Law. This marks a significant
step in the long-awaited overhaul of the Egyptian antitrust and
merger control regimes. Since 2017 the country has been debating
several amendments to the antitrust and merger control regime, a
process that has been interrupted by crises and has kept the
antitrust community eying Egypt in anticipation. The process gained
some movement again in late 2021 when the House passed the draft
law in first reading. However, after the Economic Committee
submitted its recommendation on the draft law back to the House in
February of this year, the process appeared to lose momentum again.
Now the new amendments to the Egyptian Competition Law were finally
approved by the House and the amended law should be ratified by
President Fattah El-Sisi and publish shortly. While the final text
is not available yet, the proposed text of the amendments