A CONTRARIAN VIEW

The Egyptian Competition Authority’s guide to how to use anti-cartel legislative provisions to control and review mergers

A CONTRARIAN VIEW- Does the ECA have the legal ground to stop Uber from buying Careem? Or to block any M&A, for that matter? That what we were asking ourselves when the Egyptian Competition Authority (ECA) sent a sharp, unprecedented warning to ride-hailing companies Uber and Careem that they could be fined up to EGP…