Egypt’s National Strategy for Competition Policy, Competitive Neutrality Conference kicks off
The ECA elaborated that its conference is on “Promoting Competitive Neutrality: Egyptian and International Experience” with the aim to showcase the national strategy to promote competition policy and competitive neutrality.
The conference, held under the Prime Minister's patronage, was attended by the heads of regulatory authorities, representatives of state administrative entities, heads of economic committees in the Parliament, representatives of the business community, and experts from various regional and international institutions.
During the opening speech, Egyptian Competition Authority Chairman Mahmoud Momtaz emphasized that the Egyptian economic policy is founded on the pillars of freedom of competition and ensuring a competitive climate for carrying out all economic activities, as affirmed by Article 27 of the Constitution and according to the Egyptian Competition Law.
To achieve this, the Egyptian Competition Authority’s (ECA) policy is based on two main pillars: The first is law enforcement and combating all forms of anticompetitive practices by different market players; the second is promoting competition policy and ensuring competitive neutrality. This is in order to provide a free competitive climate that renders competition law and policy in Egypt a more effective tool in achieving the goals of economic and sustainable development.