{"id":561074,"date":"2021-03-24T04:12:58","date_gmt":"2021-03-24T04:12:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/are-things-getting-ugly-in-the-tobacco-industry\/"},"modified":"2021-03-24T04:12:58","modified_gmt":"2021-03-24T04:12:58","slug":"are-things-getting-ugly-in-the-tobacco-industry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/are-things-getting-ugly-in-the-tobacco-industry\/","title":{"rendered":"Are things getting ugly in the tobacco industry?"},"content":{"rendered":"

<\/a> The tender for <\/strong>a license<\/a><\/strong> to establish Egypt\u2019s second major tobacco company <\/strong>could face an antitrust probe<\/strong> after several tobacco players filed a formal complaint with the Egyptian Competition Authority (ECA) on the sale conditions, Masrawy<\/a> reports, citing unnamed sources it says are in the know. Four major tobacco distributors and brand owners \u2014 JTI-Nakhla Tobacco, British American Tobacco Egypt, Imperial Tobacco and Al Mansour International Distribution Company \u2014 were invited to bid on the new license. They now argue that the new company\u2019s effective monopoly on e-cigarettes and heated tobacco would be a breach of the Competition Protection Act. The ECA has yet to confirm that it has received the complaint<\/strong>, let alone whether it will go ahead with an investigation.<\/p>\n

Why the grumbling?<\/strong> The broad strokes of the tender would see current state-owned monopoly Eastern Company owning 24% of the new entrant, which would also be required to price its popular brands 50% higher than Eastern\u2019s. Companies also argue that they are only getting a chance to leap-frog into new products such as e-cigarettes and, therefore, not getting a fair chance to compete against Eastern, especially with only one license put up for grabs.<\/p>\n

Foreign players are lobbying for a two-month extension on the deadline for bids<\/strong> to allow time for technical and feasibility studies \u2014 and also wait for possible change to the tender\u2019s terms, according to a report in Al Mal\u2019s print edition, which cites sources the newspaper says have knowledge of the matter. The current deadline for bids is 4 April.<\/p>\n

Background:<\/strong> The Industrial Development Authority issued last week a tender for the license, which would (sort of) end Eastern\u2019s monopoly on the tobacco industry. The authority invited several local and international players to compete in the tender, the results of which will be based on a point-count system<\/a>. So far, an unnamed Emirati bidder has reportedly expressed interest.<\/p>\n","protected":false},"excerpt":{"rendered":"

The tender for a license to establish Egypt\u2019s second major tobacco company could face an antitrust probe after several tobacco players filed a formal complaint with the Egyptian Competition Authority (ECA) on the sale conditions, Masrawy reports, citing unnamed sources it says are in the know. Four major tobacco distributors and brand owners \u2014 JTI-Nakhla […]<\/p>\n","protected":false},"author":1,"featured_media":561075,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8787],"tags":[2114,1978,247,72,3849,3048,3040,7401],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-competition-watch","tag-british-american-tobacco-egypt","tag-competition-watch","tag-eastern-company","tag-enterpriseam","tag-imperial-tobacco","tag-jti-nakhla-tobacco","tag-mansour-group","tag-tobacco","wpautop","entry"],"acf":{"mongo_id":"e9ab1edb-e80e-4a07-a581-5b7effab2569","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/3\/295.jpg","photo_position":"above","related_issue":[561070],"teaser":"","voice_url":""},"yoast_head":"\nAre things getting ugly in the tobacco industry? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/24\/are-things-getting-ugly-in-the-tobacco-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are things getting ugly in the tobacco industry?\" \/>\n<meta property=\"og:description\" content=\"The tender for a license to establish Egypt\u2019s second major tobacco company could face an antitrust probe after several tobacco players filed a formal complaint with the Egyptian Competition Authority (ECA) on the sale conditions, Masrawy reports, citing unnamed sources it says are in the know. 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The conditions booklet for the tender \u2014 which is set to end Eastern Tobacco\u2019s historical monopoly over the sector \u2014 has been redrafted\u2026","rel":"","context":"In "COMPETITION WATCH"","block_context":{"text":"COMPETITION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/competition-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/46.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561186,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/the-latest-on-eastern-co\/","url_meta":{"origin":561074,"position":1},"title":"The latest on Eastern Co.","author":"enterpriseam admin","date":"29 March 2021","format":false,"excerpt":"New, more competitive terms for the license to establish Egypt\u2019s second major tobacco company could be introduced after several tobacco players filed a formal complaint with the Federation of Egyptian Industries\u2019 tobacco division. The complaint looks to scrap the conditions booklet the Industrial Development Authority (IDA) had issued for the\u2026","rel":"","context":"In "COMPETITION WATCH"","block_context":{"text":"COMPETITION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/competition-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563687,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/tobacco-license-tender-to-be-rolled-out-on-1-august\/","url_meta":{"origin":561074,"position":2},"title":"Tobacco license tender to be rolled out on 1 August","author":"enterpriseam admin","date":"13 July 2021","format":false,"excerpt":"Tobacco license tender goes live in August: Tobacco players will be able to bid for a license to establish Egypt\u2019s second major tobacco company from 1 August in the second iteration of a tender that was pulled earlier this year after attracting criticism for containing unfair terms, Al Shorouk reports.\u2026","rel":"","context":"In "COMPETITION WATCH"","block_context":{"text":"COMPETITION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/competition-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/182.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":610196,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/16\/tobacco-distributors-file-antitrust-complaint-against-eastern-and-its-new-uae-shareholder\/","url_meta":{"origin":561074,"position":3},"title":"Tobacco distributors file antitrust complaint against Eastern and its new UAE shareholder","author":"enterpriseam admin","date":"16 November 2023","format":false,"excerpt":"Eastern is allegedly refusing to manufacture their products","rel":"","context":"In \"competition watch\"","block_context":{"text":"competition watch","link":"https:\/\/enterpriseam.com\/egypt\/tag\/competition-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/331.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553523,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/tobacco-tender-is-back-on\/","url_meta":{"origin":561074,"position":4},"title":"Tobacco tender is back on","author":"enterpriseam admin","date":"7 December 2021","format":false,"excerpt":"Bringing a new tobacco competitor into the market, take three: The Industrial Development Authority (IDA) has relaunched a tender for a license to manufacture cigarettes, potentially ending the historical monopoly by state-owned Eastern Company, Masrawy reports. The license would allow for the establishment of Egypt\u2019s second major tobacco company, entering\u2026","rel":"","context":"In "Manufacturing"","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/243.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558237,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/02\/good-news-for-fdi-watchers\/","url_meta":{"origin":561074,"position":5},"title":"Good news for FDI watchers","author":"enterpriseam admin","date":"2 August 2021","format":false,"excerpt":"Tobacco giant Philip Morris is among several tobacco companies with local operations that are said to be interested in bidding for a license to set up Egypt\u2019s second tobacco company, Federation of Egyptian Industries\u2019 (FEI) cigarettes division Head Ibrahim Embaby told Al Mal. 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