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 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
2022 was an intensive year in competition law. Material issues to the competition agenda were addressed in precedential determinations and rulings by the Competition Authority and by Israeli courts. These issues include...more
1/26/2023
/ Antitrust Litigation ,
Antitrust Provisions ,
Antitrust Violations ,
Competition ,
Competition Authorities ,
Corporate Fines ,
Criminal Liability ,
Excessive Pricing ,
Mergers ,
Monopolization ,
Premerger Notifications ,
Public Agencies ,
Resale Pricing ,
Supply Chain ,
Supreme Court of Israel