Shahid Law Firm’s Anti-Trust, Anti-Corruption and Compliance team are widely recognized for their critical roles in anti-trust legal matters in Egypt. The Firm provides its clients with strategic counsel to ensure adherence to both local and international laws, mitigating risks, and safeguarding their interests. The success of this practice area is rooted in our team’s diversified experience in litigation as well as their unique insights into various industries across the regional corporate landscape.
The Firm generally advises on general regulatory compliance measures and conducts anti-corruption audits. The team also advises on several competition issues across of various jurisdictions including cartels, abuse of dominance, and merger control filings.
Moreover, our team utilizes the Firm’s robust expertise in corporate restructuring, M&As, and capital measures to provide extensive and comprehensive advice on anti-trust and competition matters, whether domestic before the Egyptian Competition Authority (ECA), or on a regional level before the (COMESA).
- Conducting compliance audits on the legal department of one of the largest Egyptian banks. The scope of work included reviewing contracts used by the bank, reviewing all legal cases to which the bank is a party, and reviewing and opining on the facility arrangements granted by the bank (or to which the bank is a party or a member in syndication) for US$ 50 million and higher;
- Drafting an anti-corruption compliance report on the practices of a technology company in preparation for an extension of a loan by a global data storage company;
- Advising Ferro Corporation on filing before the ECA following the acquisition of the Egyptian tile coatings manufacturer;
- Advising and supervising an ECA post-merger filing for a global food-processing and commodities-trading corporation in its acquisition of an Egyptian food-processing, warehousing and commodities-trading company;
- Advising leading pharmaceutical companies on various matters relating to competition, anti-corruption, and privacy under Egyptian law;
- Advising a client within the context of a major global M&A deal, and whether or not to file before the ECA;
- Drafting opinions on anti-bribery legislations under Egyptian law for multinational pharmaceutical companies such as Eli Lilly, GSK, and RoDiagnostics) in relation to the practices of their sales representatives and dealing with public hospitals;
- Competition-related issues in the context of M&A filings.
- Risk minimization through advising on optimal business structures in the context of transactions.
- Corporate governance and Liability issues.
- Effective means of conducting anti-corruption investigations following allegations of bribery and other financial crimes.
- Litigation and settlement negotiations.
- Representing large multinationals in merger filings and investigations before the Egyptian Competition Authority (“ECA”) and the COMESA Competition Commission.
- Acting for a continental sports association; in a multi-million-dollar arbitration involving a cross-border contract.
- Successfully defend a European Sports Marketing and Broadcasting Company in an anti-trust investigation by the; COMESA Competition Commission relating to broadcasting a major international sporting event.
- Advising several pharmaceutical, oil & gas, and finance companies on anti trust laws and regulations as well as disclosures requirements by by ECA.
- Assisting clients with the investigation on its Egyptian affiliates to review and confirm concerning compliance of their agreements and practices with FCPA and anti-corruption rules.
- Participating in anti-corruption audits of Egyptian distributors of global pharmaceutical companies.
- Representing Ariston and Südwestrundfunk on handling social insurance investigations and submissions.
- Representing an insurance company concerning alleged violations committed during the conclusion of a share purchase deal.
