ECA to begin reviewing case against electricity distribution companies this week

Egyptian Competition Authority (ECA) will meet with Electricity Holding Company officials this week to discuss a case brought against six electricity distribution companies for allegedly selling electricity meters at double price, Daily News Egypt reports. The meter market is monopolized by the state-controlled North Delta Company, which has since denied any connection to the issue, maintaining that it sticks to the state-set prices. The meeting is likely to result in the ECA ordering distribution companies to return the price difference, sources close to the matter tell the newspaper.