Court fines beIN Sports LE400M over monopoly practices

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Tue, 30 Jan 2018 - 11:27 GMT

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Tue, 30 Jan 2018 - 11:27 GMT

The logo of French TV channel 'beIN Sport' is seen at the company's stand during the Sportel in Monte Carlo October 8, 2014. REUTERS/Eric Gaillard

The logo of French TV channel 'beIN Sport' is seen at the company's stand during the Sportel in Monte Carlo October 8, 2014. REUTERS/Eric Gaillard

CAIRO- 30 January 2018: The Cairo Economic Court ruled Tuesday to fine the Qatari-owned channel beIN Sports and its chairperson Nasser al-Khalif L.E 400 million over anti-competitive practices, according to according to a statement issued Tuesday by Egyptian Competition (ECA).

In October 2017, General prosecution referred Qatari-owned beIN Sports and its chairperson Nasser al-Khalifi to the Criminal Court for contravening article 20 of the Protection of Competition Act and committing monopolizing practices.

The Qatari-based French-owned Lagardère Sports Agency was granted exclusive rights to broadcast the main African football competitions for the region from 2017 through to 2028 in an agreement signed with the CAF on June 15, 2015; raising questions over the transparency of the bidding process.

Instead of using the Egyptian satellite Nilesat, subscribers had to turn to satellite Sohail to watch beIn Sports during the last African cup in Gabon; causing Nilesat direct economic deficits.

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