Five firms referred for collusion at Alexandria University
The Board of the Egyptian Competition Authority has decided to establish a violation by five companies at Alexandria University due to their collusion and coordination in the supply of electronic correction devices and papers, which violates Law No. 3 of 2005 on Competition Protection. Investigations revealed a prior agreement among the companies to determine the winning firm for contracts, which is considered one of the most serious forms of collusion (cartel) that suppresses competition and harms the market and government procurement. Such practices could lead to price increases of up to 50%. The companies have been referred to the Public Prosecutor's Office for legal action, with an emphasis on the immediate cessation of any agreements or coordination to ensure a fair competitive environment and protect public interest.
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