Latest Publications

Share:

Israel Competition Authority Intensifies Enforcement Measures and Indicts Schestowitz VP for a Suspected Cartel in the Food Sector

The Israel Competition Authority (ICA) conducted a thorough investigation of the S. Schestowitz Group, an Israeli company in the food and consumer goods sector, due to suspicions the company operated a cartel in the food...more

ILS 80 Million Penalty for Israeli Banks Over Competing Company Stakes

Bank Hapoalim and Israel Discount Bank will each pay the State Treasury ILS 40 million within the framework of an administrative settlement (“agreed order”), in respect of their acquisitions of minority stakes in a competitor...more

Indictment in Israel for Attempted Price Coordination via Media and Food Law Violations

On February 19, 2025, the Competition Authority filed an indictment against leading retail chains, including Victory and Yochananof, and against some of their senior officers. ...more

Israel Competition Commissioner imposes an unprecedented pecuniary sanction for merger "gun-jumping"

The Director-General of the Israel Competition Authority recently imposed a pecuniary sanction of an unprecedented amount, approximately ILS 111 million, on Strauss and Wyler Farm. This was due to what the Director-General...more

Israeli Monopolists Barred from Granting Discriminatory Rebates

A few days ago, the Central District Court handed down its ruling in the lawsuit filed by Aviad Concrete and Clay Industries against Nesher Israel Cement Enterprises. The suit concerned Nesher’s rebate policy to its...more

Merger Parties Fined for Exchanging Sensitive Information

At the end of May, the Israel Competition Authority’s Director General published a consent decree with Mizra Delicacy Food Industries and Zilber Meat and Sausage Products Industries. Both companies agreed to pay approximately...more

Monopoly: Meta to Pay ILS 25 Million for Failing to Report Mergers

A few days ago, the Israel Competition Authority’s Director General announced she had reached an agreement with Meta Platforms Inc. (owner of Facebook and Instagram). Under the agreement, Meta undertook to pay the State...more

Merging without Approval: Strauss Group Might Pay ILS 111 million

The Israel Competition Authority’s Director General recently announced that, subject to a hearing, she intends to rule that Strauss and Wyler Farm violated the Economic Competition Law and implemented a merger that could harm...more

Doing Business in Israel: Aspects of Antitrust and Competition Laws during Mergers and Acquisitions

Any foreign company considering a merger with an Israeli company (or with an international company related to an Israeli company) should familiarize itself with various aspects of the laws governing mergers in Israel. These...more

Competition Law: Massive Fines for Harming Parallel Imports

On June 19, an amendment to Israel’s Economic Competition Law was approved. This amendment adds provisions prohibiting direct importers from harming parallel imports and personal imports. It also enables the imposition of...more

ICA Takes Broad Enforcement Measures against Food Suppliers

In May 2023, the Israel Competition Authority’s Director General announced that seven major food suppliers would face financial sanctions exceeding ILS 23 million in aggregate. Imposition of the sanctions follows alleged...more

Algorithm-Based Pricing – the Next Challenge in Competition Law?

The uptrend in businesses’ use of artificial intelligence (AI) now includes algorithm-based pricing, which is raising concerns about harm to competition. More and more companies have been implementing algorithm-based pricing...more

New Israeli Restrictions on Direct Imports

The Israeli government recently announced its intention to continue amending the Economic Competition Law. The previous Knesset approved this amendment in a first reading and the current Knesset approved the continuation of...more

ICA Request for Information: Foreign Company Fined

The Israeli Competition Director General recently announced he had reached an agreement with the British pharmaceutical company Leadiant Biosciences. According to the agreement, Leadiant undertook to pay ILS 110,000 to the...more

Drastic Measures to Reduce Concentration and Increase Competition in the Israeli Food and Toiletries Market

The Israeli Ministry of Finance and the Competition Authority published a public appeal to submit positions with regard to their plan to reduce concentration and increase competition in the food and toiletries market, which...more

Monopoly fined for Unfair Excessive Price

The Competition Director General has issued a precedent-setting determination against the pharmaceutical marketing company MBI Pharma Ltd. (MBI). The Director General determined that MBI abused its monopolistic position and...more

Public Corporations and Public Announcements – between the Rock of Israeli Competition Law and the Hard Place of Securities Law

Companies’ public disclosures about their business operations are quite common. However, they are also fraught with concerns about violating the Israeli Economic Competition Law.   Public announcements in the media may...more

Israeli Supreme Court: Monopolies May Be Sued for Charging Unfair Excessive Prices

On July 26, 2022, the Israeli Supreme Court handed down a precedent-setting ruling in the Central Bottle Company (Coca-Cola Israel) case (Permission for Civil Appeal Gafniel v. Central Bottle Company Ltd.). The court...more

Israeli Draft Bill Obligates Monopolists to Publish Financial Statements

On May 11, 2022, a draft bill to amend the Companies Law passed a preliminary reading in the Israeli parliament. The draft bill seeks to obligate companies falling under the definition of “monopolist” pursuant to the Economic...more

Israeli Supreme Court Limits Possibility of Pleading Reliance on Assistance of Counsel as Defense against Indictment

In a ruling handed down a few days ago, the Israeli Supreme Court ruled that a release from criminal liability on the grounds of reliance on assistance of counsel shall not apply when an attorney fails to warn about the...more

Significant Change in Format to Report Mergers to Competition Authority

On March 20, 2022, the Israel Competition Authority (ICA) declared a drastic amendment to the regulations governing the mode of reporting merger transactions that require its approval. The new regulations were declared in the...more

21 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide