Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egyptian Competition Authority refers CAF president to general prosecution
Published in Daily News Egypt on 04 - 01 - 2017

The Egyptian Competition Authority (ECA) decided Tuesday to refer the president of the Confederation of African Football (CAF), Issa Hayatou, to the general prosecution after it claimed to have proven that Hayatou violated the Protection of Competition Act.
The authority has claimed in a statement that Hayato had abused his position in regards to the issuance of broadcasting rights for football championships. The president of the CAF has the sole authority to commercially utilise these rights.
ECA claimed Hayato gave the broadcasting rights to Lagardère Sports agency for 12 years, starting from 2017 until 2028.The issue comes from the fact that he did not offer the broadcasting rights to any other company through a fair competitive process. CAF gave the same rights to Lagardère Sports in 2006 until 2016, meaning the agency had acquired the exclusive rights in two consecutive periods.
An anonymous source in the ECA told Daily News Egypt that Lagardère Sports was offered the rights of terrestrial and satellite broadcasting through television and internet streaming. The rights included not only Egypt and Africa, but the whole world. Because Egypt is one of the countries where the broadcasting rights apply, the authority has the right to refer the CAF's president to the prosecution.
The ECA said that their investigations prove that the CAF agreed with the agency as far back as 2015 to provide it with the broadcasting rights, which would start in 2017. In other words the authority claims the CAF agreed with the agency to provide it these rights a year and a half before the expiration of the rights, which they already had.
The ECA has also claimed it has proven that Hayato intentionally ignored several requests by other companies to acquire these rights through a public auction committed to the regulations of fair competition and transparency between competitors.
Commenting on the rumours that the CAF may relocate its headquarters outside Egypt, the ECA said that by CAF's own regulations at least 75% of the 56 member countries of the CAF general assembly must vote in favour for that to happen.
The ECA said it will address all authorities concerned in Egypt in order to guarantee that the CAF abides by its decision, and to repair the serious damage done to the economy as a result of Hayatou's decision.
The ECA also referred beIN SPORTS to the general prosecution, for misusing its dominant position in the Egyptian market.


Clic here to read the story from its source.