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Egypt sets up anti-monopoly body
Egypt, Economics, 8/20/2005
Egypt's Premier Ahmed Nazif Friday decreed the formation of an anti-monopoly body. Mona Fahmy, vice chairperson of the board of the National Bank of Egypt, will be in charge of the body.
According to the decree, the board will have a four-year renewable term. The new body will have powers to closely monitor the impact of suspected monopolistic deals on the local market.
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