Israel

Competition Law 2024, Israel

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The year 2024 unfolded amidst ongoing challenges, including regional conflicts and global economic uncertainties, which continued to influence Israel’s regulatory and economic environment. Despite these adversities, Israel’s competition regulation saw targeted legislative updates and decisive judicial interventions. These developments highlight the Israeli Competition Authority’s pragmatic approach to addressing anti-competitive practices while navigating broader societal and…

Bahrain, Competition Law 2024, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, Syria, UAE, Yemen

, , (Cleary Gottlieb)/ /2 Comments

This year, we kick off our ‘main developments in competition law and policy’ series with this special treat! Main Developments in Competition Law and Policy 2018-2024: Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Palestine, Saudi Arabia (the KSA), Syria, United Arab Emirates (the UAE), and Yemen 1. Introduction and Background Antitrust regulation has…

Competition Law 2023, Israel

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In 2023, Israel’s competition law landscape has witnessed significant trends and shifts that are shaping the regulatory environment and influencing business strategies. From proposed amendments targeting distribution agreements to increased scrutiny during emergencies and pivotal legal rulings, this overview delves into the specific dynamics characterizing key competition law in Israel last year. These developments offer…

Abuse of dominance, Collective Redress, Excessive pricing, Israel

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At the end of July, the Supreme Court of Israel issued a judgment giving local consumers the right to submit class-action suits against dominant companies in case of exorbitantly high prices.   Background The dominant company at stake, Central Bottling, deals with the production, marketing and distribution of brands of the global Coca-Cola Company. This…

Anticompetitive agreements, Bid-rigging, Boycott, Israel, Tender

(Elbert, Nazaretsky, Rakov & Co)/ /1 Comment

At the beginning of May 2022, the Supreme Court of Israel decided, having confirmed the position of the lower instance, that a boycott of tender construction companies should be regarded as a violation of competition law. According to the highest judicial instance of Israel, the joint decision of the competitors not to bid constitutes a…