Organisation: Competition Authority (Israel)

Israel scores €2.1 million settlement over delivery platform exclusivity

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

Israeli sandal companies withdraw merger following antitrust opposition

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 looks to revamp competition rules in food sector

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

Israeli court asserts jurisdiction over interchange fee class action

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 conditionally clears credit card buyout

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

Israeli conglomerate pulls merger notification over antitrust opposition

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 appoints new chief economist

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

06 February 2023

Israel imposes first-ever excessive pricing fine

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

Israel: national competition law regime and how it affects multinationals

Featured in Europe, Middle East and Africa Antitrust Review 2023

The Israeli Competition Authority aims to decrease the regulatory burden for legitimate and efficient practices while strengthening enforcement against anticompetitive conduct.

24 June 2022

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