Lear provided technical assistance to the World Bank Group in conducting the analysis of product market regulation in Egypt. The project aimed at identifying those markets of the Egyptian economy that are currently affected by anti-competitive regulations.
The project encompassed two work streams: (i) drafting a set of guidelines on fines, settlements and damages to be adopted by the Egyptian Competition Authority in the ongoing reform effort on leniency, exemptions and economic assessment of efficiencies; and (ii) performing a competition assessment to identify those markets of the Egyptian economy that are currently suffering from anti-competitive regulations.
The assessment was informed by the OECD product market regulation methodology and included a detailed analysis of the regulatory framework of key sectors and policies, benchmark analysis of Egypt compared to international practices, recommendations on how to promote competition in those markets and expected/potential impact thereof.