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Nine medical equipment companies face antitrust scrutiny in Egypt

( January 23, 2018, 09:33 GMT | Official Statement) -- MLex Summary: Nine producers of medical equipment used in heart valve surgery have been referred to Egypt's Economic Court for prosecution following a probe. The companies are said to have colluded on government and university hospital tenders between 2013 and 2015. Seven companies, including Giza-based Temco Medical, were referred for prosecution following a Competition Authority probe. Further investigation found that two other companies were involved in bid-rigging for tenders issued by Al Azhar University among others.Statement follows in Arabic:...

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