Israel Competition Authority (Jerusalem)

Israeli Competition Authority

Israel Competition Authority (Jerusalem)

The Israel Antitrust Authority is responsible for promoting competition in Israel and for preserving existing competition in the economy. In recent years, the Antitrust Authority has begun to focus on centralization in the market, in accordance with the Law for Promotion of Competition and Reduction of Concentration, in an attempt to reduce market-wide concentration in the Israeli economy. The Authority’s initiatives impact many different fields and sectors in the market. It strives to promote competition in the finance (banking, insurance, pension, etc.) and media sectors, and in industries such as food, retail, transportation, healthcare, infrastructure and environment protection, energy and more. These diverse activities and initiatives are made possible thanks to a quality, professional, dedicated staff that works day and night to maintain and promote competition in the market. The Antitrust Authority is authorized to enforce many different regulations, which it does in accordance with the policies that it formulated over the years and with the guidelines that it publishes. These criminal enforcement tools are utilized by the Antitrust Authority to investigate and prosecute cartel crimes and tender coordination. In recent years the Antitrust Authority was also granted the authority to impose monetary sanctions, which it uses in accordance with its manifesto that emphasizes how violation of the law interferes with competition. In addition to these tools, the Authority may declare that a law has been broken, give orders to the monopoly owner, define terms for mergers and exemptions, and more. One of the most fundamental recent developments in the Authority is its productive collaborations with other government organizations, including consultations for the government as well as activities related to the Concentration Law.

Articles

2188 Bulletin

Israeli Competition Authority The Israeli Competition Authority welcomes the Competition Tribunal’s consent decree to fine a foreign pharmaceutical company for failing to comply with a request for information during an infringement investigation (Leadiant Biosciences)

93

A foreign company that refused to comply with a demand for Information will pay 110,000 ILS under a consent decree approved by the Competition Tribunal* On June 21, 2023, the Competition Tribunal (Hon. J. Tamar Bazak-Rapoport) approved a consent decree between the Director General of the (...)

Israeli Competition Authority The Israeli Competition Authority considers imposing a fine on a Big Tech company for gun jumping in two takeovers of national companies (Facebook / RedKix / Service Friend)

217

The Director General for Competition is considering to impose monetary sanctions on Facebook a for a violation of the Economic Competition Law by consummating transactions in Israel without the Director General’s consent* The Director General for Competition notified Facebook on 11 May 2021, (...)

Israeli Competition Authority The Israeli District Court in Jerusalem imposes prison sentences on all defendants convicted in the schoolbooks cartel case (Sefer Lakol / Mada / Yesh Distribution)

61

Verdict in the Book Cartel Case* The Jerusalem District Court imposed prison sentences on all the defendants that were convicted in the schoolbooks cartel case On Wednesday 14/3/2021, the Jerusalem District Court (His Honor Judge Oded Shacham) imposed actual prison sentences on all (...)

Israeli Competition Authority The Israeli Competition Authority files an indictment against a major film distributor and a cinema company for breach of merger conditions due to refusal to supply to the competing cinemas (Mooki Greidinger / Forum Film)

245

The Competition Authority has filed an indictment against Mooki Greidinger and Forum Film Ltd. for breach of merger conditions committed under aggravating circumstances* According to the Indictment, the defendants have systematically refused to supply movies to Lev Tel Aviv Cinema, a (...)

Israeli Competition Authority The Israeli Competition Tribunal upholds the Competition Authority’s instruction prohibiting an importer from reporting to a multinational consumer products company on parallel imports of the company’s toothpaste (Schestowitz / Colgate-Palmolive)

197

The Competition Tribunal has confirmed an instruction of the Director-General, which prohibits Schestowitz from reporting to Colgate-Palmolive on parallel imports of Colgate toothpaste* The Competition Tribunal granted the force of a judgment to a new instruction of the Director-General to (...)

Israeli Competition Authority The Israeli Competition Authority fines a company for abuse of its monopoly status, refusal to supply, and for the violation of merger conditions in the soft drink market (Coca Cola)

341

THE COMMISSIONER OF COMPETITION FINED COCA COLA ISRAEL APPROXIMATELY NIS 39 MILLION* The Commissioner of Competition decided today (Tuesday) to impose a monetary sanction of approximately NIS 39 Million on the Central Company for Sales and Distribution, for abusing its monopoly status, for (...)

Israeli Competition Authority The Israeli Competition Authority reaches a consent decree after fining foreign company for failing to notify its acquisition of a domestic medical equipment manufacturer (Visionsense / Medtronic)

47

Notice of intent to file an agreed order for court approval* I hereby announce that in thirty days I intend to request the Competition Tribunal to exercise its permanent jurisdiction in section 50B of the Economic Competition Act, 1988 (hereinafter the Act), and give the agreement between me (...)

Israeli Competition Authority The Jerusalem District Court sentences to imprisonment a member of a tree-pruning cartel following a joint investigation of the Israeli Competition Authority and the National Fraud Investigations Unit (Zohar Katz)

195

The Jerusalem District Court sentenced a member of the tree-pruning cartel to 11 months’ imprisonment* The Jerusalem District Court (Judge A. Rubin) sentenced today (Wed.) the defendant Zohar Katz to 11 months’ imprisonment, a fine of NIS 100,000 and forfeiture of an additional sum of NIS (...)

Israeli Competition Authority The Israeli Competition Authority announces fines against a supermarket chain and its senior officer for not divesting an acquired competitor’s branches in the agreed upon time (Bitan Wines / Mega)

36

The Antitrust Authority Has Announced Its Intention to Impose Financial Sanctions on Bitan Wines and a Senior Officer Thereof for Violation of the Terms of the Merger with Mega* The Antitrust Authority has announced today (Sunday) its intention to impose a financial sanction in the sum of (...)

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2188
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