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
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
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
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
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
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
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
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
1/23/2023
/ Anti-Competitive ,
Competition Authorities ,
Corporate Fines ,
Drug Pricing ,
Enforcement Actions ,
Excessive Pricing ,
Israel ,
Ministry of Health ,
Monopolization ,
Pharmaceutical Industry ,
Prescription Drugs ,
Unfair Competition
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 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