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
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
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
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
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
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
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