Prosecutor General brings cases against 14 companies for alleged antitrust violations

Prosecutor General brings cases against 14 companies for alleged antitrust violations: The Prosecutor General’s office has filed charges with the Economic Court against 14 companies including beIN Media Group for alleged anti-competitive practices. The move follows investigations by the Egyptian Competition Authority, the authority said in a statement on Thursday. BeIN is accused of monopolizing the distribution of world sports leagues, forcing consumers to pay for both Spain’s La Liga and the World Cup. Four med distributing companies — Ramco Pharm, Ibn Sina Pharma, Multipharma, and United Company for Distribution and Trade — are being accused of coordinating on reducing discounts offered to small pharmacies. Nine poultry companies accused of price-fixing have also been charged.