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
5/8/2025
/ Acquisitions ,
Antitrust Provisions ,
Antitrust Violations ,
Banking Sector ,
Banks ,
Breach of Competition Law ,
Competition ,
Enforcement Actions ,
Financial Institutions ,
Israel ,
Minority Shareholders ,
Penalties ,
Regulatory Oversight ,
Settlement
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
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
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
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
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
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
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
2/7/2023
/ Antitrust Provisions ,
Competition ,
Competition Authorities ,
Distributors ,
Food Manufacturers ,
Foreign Manufacturers ,
Israel ,
Logistics ,
Manufacturers ,
Retailers ,
Suppliers ,
Supply Chain