Ahmed Ezz (businessman)

Prior to the revolution, opposition parties, other parliamentarians, and groups accused Ezz companies of monopolizing the steel industry in Egypt by holding more than 60 percent of the market share, describing it as an act that is backed up by the government, an act that was described by the active parliamentarian Aboul Ezz Al Hariri as "enhancing the proliferation of monopolies rather than fighting them".

In response Ezz has told reporters that a competition law "would at least provide a legal framework preventing everyone from making accusations".

[citation needed] Ezz companies were investigated twice for monopoly by the Egyptian Competition Authority, both before and after the January 2011 Revolution.

[citation needed] Ahmed Ezz was also tried for profiteering and squandering public funds, in a case that was settled for $96 million in 2018.

Amr Bargisi, a senior partner with the Egyptian Union of Liberal Youth, told the Washington Times "I am afraid the divorce of wealth from power will probably not only lead to the unfair treatment of many businessmen and former politicians, but might also take Egypt in a direction that will be devastating for the economy and the prospects of democracy.

"[1] In an 11 March letter from prison that was published on the Bikyamas website, Mr. Ezz refuted the charges against him and warned that "In this unprecedented time for the country, it is important to remember what our youth are calling for: freedom, fairness and democracy.

"[1] On 5 October 2012, Ahmed Ezz was convicted of money laundering and sentenced to seven years in jail – plus a fine of 19.5bn Egyptian pounds (about $3bn; £2bn).