Organisation: Competition Authority (Israel)

Israel’s Competition Authority is investigating whether banks are passing on their profits from interest rate hikes to consumers, amidst claims from the country’s economy minister that the enforcer is underperforming.

31 May 2023

Israeli lawyers have expressed concern about the national competition authority’s future as an independent regulator after the country’s economy minister openly urged the head of the agency to resign because she “refuses to adopt and implement” his policies.

23 May 2023

Food delivery platform Wolt has settled with Israel’s Competition Authority after admitting to anticompetitively promoting restaurants that exclusively signed onto its service.

10 May 2023

A footwear retail chain and a hiking sandal company have become the latest Israeli companies to abandon their merger plans after the national antitrust watchdog said the deal would limit competition in the sandal market.

18 April 2023

Israel’s government has proposed significant changes to its antitrust laws to promote competition in the food and consumer goods sector, including outright bans on conglomerate mergers of large suppliers and bundled discounts.

30 March 2023

A district court in Israel has dismissed Mastercard’s and Visa’s claims that an antitrust class action against them cannot proceed because the credit cards in question were issued outside the country, in what is the first Israeli interchange fee claim involving foreign cards used by tourists.

01 March 2023

Israel’s Competition Authority has conditionally approved an insurance provider’s €721 million acquisition of a private-equity owned credit card company, albeit without raising any concerns about competition in the market.

13 February 2023

Lawyers in Israel have warned of a “new approach” to merger control after Fortissimo Capital withdrew its request for clearance to purchase the country’s largest business-to-business platform because the national antitrust enforcer threatened to block the tie-up.

06 February 2023

Israel’s Competition Authority has made a Charles River Associates principal its new chief economist.

06 February 2023

Israel’s Competition Authority has fined drug distributor MBI Pharma €2.2 million for abusing its dominance by charging unfairly high prices for a life-saving genetic disorder treatment drug, marking the enforcer’s first-ever excessive pricing infringement decision.

14 December 2022