On January 10, 2019, an amendment to the Restrictive Trade Practices Law, now known under its new name, the “Economic Competition Law”, entered into force. Michal Rothschild, head of Antitrust & Competition Department and Arik Brenneisen, a partner in the department, summarized the main changes to the law, which expand the powers of the Competition Commissioner. The main changes are to the definition of what constitutes a “monopoly”, certain provisions regarding merger control, and the sanctions for violating the provisions of the law.
Antitrust Law Client Update – Decisions clarifying enforcement policy
Client Updates | 2016
The Antitrust Tribunal and the Israeli Antitrust Authority (IAA) have recently issued several decisions clarifying the enforcement policy of the IAA and the penalty standard in antitrust offenses. Some insights can be derived from the recent decisions: the IAA has expanded its enforcement efforts and begun widespread implementation of monetary penalties; the IAA has requested the incarceration of senior office holders; enforcement efforts are also being targeted at medium-sized and small businesses; the IAA continues to consider “bid-rigging” a fundamental offense; and technical violations of the Restrictive Trade Practices Law, 5748-1988 are being increasingly enforced.
Click here to read EBN’s Competition client update.decisions clarifying enforcement policy
Antitrust Law Client Update
Client Updates | 2015
We would like to bring to your attention two recent developments in Israel’s Antitrust law. The cancellation of the restrictive trade practices law and imposement of a monetary penalty due to a failure to respond to a demand for information.
Antitrust and Competition Client Update – Statement for Clarifying the Rules of Business Associations activity in Terms of Competition Law
Client Updates |
The antitrust commissioner recently published a manifesto that regulates the activities of business unions in light of antitrust and competition law. This manifesto was published due to the concern that competitors will use business unions as an undercover way to coordinate activities within a cartel or for other activities that might prevent or decries the competition.
Click here for the client update that was published on this matter (Hebrew).