News & Analysis as of

Antitrust Provisions Competition Breach of Competition Law

Barnea Jaffa Lande & Co.

ILS 80 Million Penalty for Israeli Banks Over Competing Company Stakes

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

Bennett Jones LLP

Competition Bureau Publishes Updated Information Bulletin on Transparency

Bennett Jones LLP on

On October 25, 2022, the Competition Bureau published its new Information Bulletin on Transparency, which explains the approach the Bureau will take when communicating with different groups of people during its...more

Wilson Sonsini Goodrich & Rosati

EU Commission Breaks New Ground by Fining German Carmakers for Participation in a Cartel Restricting Technical Development

The European Commission (EC) issued a EUR 875 million (USD 1.05 billion) cartel fine against German carmakers, namely BMW, Audi, Porsche, and Volkswagen (the latter three are all part of the Volkswagen Group). Daimler was...more

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