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Home · practice areas · Antitrust and Competition · Latest Updates

Latest Updates / Antitrust and Competition

May 14, 2023

Israel: Suing Monopolies for Setting Unfairly High Prices

The regulations grant several new rights to the relevant data subjects, when the database contains information transferred from the European Economic Area (EEA) to Israel, including the data subject’s right to delete information and a broader right of review.

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May 9, 2023

Gal Rozent Lectures at Annual Competition Law Conference

Gal Rozent, the head of our firm’s Competition and Antitrust Department, was invited to lecture at Haifa University’s annual competition law conference. Senior officials from the competition field and attorneys from Israel’s leading law firms attended.

May 3, 2023

Ministry of Economy and Industry v. Coca-Cola: Gal Rozent Interview

Last March, Coca-Cola alerted retailers of a 7% price increase for its sugary drink products. Yesterday, the Israeli Ministry of Economy and Industry informed Coca-Cola of its intention to examine the need for supervision of the company's products in Israel. The ministry suspects Coca-Cola’s significant product price increase may affect the beverage sector in Israel as a whole. As an expert in the competition field, Gal Rozent was interviewed by TheMarker on the subject.

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February 28, 2023

Stricter Review and Enforcement of Vertical Resale Price Maintenance Arrangements

The Israel Competition Authority is imposing a stricter policy against resale price maintenance arrangements, and increases enforcement in this area, to make the market more competitive.

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February 22, 2023

New Israeli Restrictions on Direct Importers

The Israeli government is continuing to amend the Competition Law with the intention of curbing the cost of living. In the crosshairs are direct importers, who will be subject to strict scrutiny once the amendments are enacted.

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February 6, 2023

Drastic Measures to Reduce Concentration and Increase Competition in the Israeli Food and Toiletries Market

The Israeli Ministry of Finance and the Competition Authority are pushing to introduce a plan in the annual Economic Arrangements Law that would impose significant restrictions on importers and suppliers of major brands, with the aim of reducing concentration and increasing competition in the food and toiletries market in Israel.

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January 25, 2023

Barnea: Hosting Conference on Labor Law and Competition Law

Firm partners Gal Rozent and Neta Bromberg lectured at a conference we hosted for the CEOs of Israel’s leading cleaning companies, part of Israel’s cleaners’ union.

January 22, 2023

Israel: Monopoly Fined for Unfair Excessive Price

The Israeli Competition Director General fined MBI and company officers after they spiked the price of a life-saving drug called Leadiant by hundreds of percentage points.

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January 22, 2023

Israel: Foreign Company Fined for Failing to Comply with Competition Authority’s Request for Information

The Israeli Competition Authority believes its authority to issue information requests is not limited to Israeli companies, and that foreign companies with no affiliation to Israel are also subject to its authority and to fines for breach of the Competition Law.

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January 15, 2023

Is AI-Based Pricing a Detriment to Competitiveness?

The increasing commercial use of AI-based pricing engines will place new challenges before Israel’s competition authorities, both due to concerns about the creation of new means of price coordination between competitors, and, perhaps primarily, because such pricing engines intensify the competition failures that already exist, especially in low-competition markets. Gal Rozent and Ran Karmi elaborate on these challenges in an op-ed for Calcalist.

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December 20, 2022

Competition and Antitrust: Gal Rozent and Ran Karmi Article in Calcalist

Money laundering allegations against bid competitors convicted of coordinating a tender (coupled with charges of competition law offenses and fraud) may lead to aggravated penalties compares to those imposed on “regular” antitrust offenders. The Competition Authority’s decision to freeze and confiscate assets by virtue of Israel’s Anti-Money Laundering Law will exert heavy pressure, both financial and mental, on those under investigation and indictment. Read Gal Rozent and Ran Karmi’s article on the issue in Calcalist.

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December 4, 2022

Closing a Deal – Transaction Closing in the World of Malls and Chain Stores

Terry Almozlino-Arnon, Alon Wolner, and Irit Brodsky are participating in a panel on how to successfully complete mall real estate transactions and commercial tenders. The panel is being held as part of the Israel Mall Chain Store Conference held in Eilat.

September 12, 2022

Public Statements: Hagit Ross and Gal Rozent Participate in Webinar Hosted by Israeli Association of Public Companies

Hagit Ross, a partner in our Capital Markets Department, and Gal Rozent, a partner in our Competition Department, participated today in a forum hosted by the Israel Association of Public Companies. They gave a joint lecture entitled, "Public Statements by Officers in Public Companies – Do's and Don'ts."

August 25, 2022

Doing Business in Israel: Antitrust and Competition Aspects of M&A Transactions

Every foreign company considering a merger with an Israeli company (or with an international company connected to an Israeli company) must pay great attention to various elements characterizing Israeli merger control.

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August 7, 2022

Public Corporations and Public Announcements – between the Rock of Israeli Competition Law and the Hard Place of Securities Law

While the Israeli Securities Law obligates public companies to report their activities fully and transparently, the Israeli Competition Authority may prosecute them precisely for doing so.

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July 31, 2022

Israeli Supreme Court: Monopolies May Be Sued for Charging Unfair Excessive Prices

Israeli district courts have already recognized the possibility of suing a monopoly for charging an unfair excessive price, but the Israeli Supreme Court’s recognition of this cause of action ends defendants’ potential arguments for opposing this very possibility.

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May 16, 2022

Israeli Draft Bill Obligates Monopolists to Publish Financial Statements

The striking innovation in this draft bill is that, upon its enactment, monopolists, even if not declared as such, must publish their financial statements, even if they are not reporting companies.

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May 16, 2022

Israeli Supreme Court Limits Possibility of Pleading Reliance on Assistance of Counsel as Defense against Indictment

The Supreme Court issued a ruling in principle that it sees no merit in the approach of releasing a person who breached the law from criminal liability based on the fact his or her lawyer failed to warn that the planned action was criminal.

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April 4, 2022

Irit Brodsky Featured in Globes Article on Dramatic Changes to Merger Announcements

New Israel Competition Authority regulations impose a heavier reporting obligation on companies seeking to merge. These new regulations have many possible consequences, for better or worse. Firm partner Irit Brodsky discusses the changes in an in-depth article by Globes on the subject.

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March 28, 2022

Significant Change in Format to Report Mergers to Competition Authority

The new format heralds a reduction in the volume of transactions that require reporting. However, it imposes a far heavier burden on parties to transactions that do require reporting, even for mergers posing no competitive concerns.

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