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
7/17/2025
/ Antitrust Investigations ,
Antitrust Violations ,
Breach of Competition Law ,
Cartels ,
Consumer Product Companies ,
Criminal Investigations ,
Criminal Prosecution ,
Enforcement Actions ,
Enforcement Priorities ,
Evidence ,
Food Manufacturers ,
Indictments ,
Investigations ,
Israel ,
Obstruction of Justice ,
Pharmaceutical Industry ,
Popular
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
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
3/3/2025
/ Antitrust Violations ,
Cartels ,
Competition ,
Criminal Prosecution ,
Food Marketing ,
Grocery Stores ,
Indictments ,
Israel ,
Price-Fixing ,
Unfair Competition ,
Unfair or Deceptive Trade Practices ,
White Collar Crimes
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
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