Client updates / Competition Rules

ILS 80 Million Penalty for Israeli Banks Over Competing Company Stakes

8 May 2025 / Ran Karmi, Gal Rozent

Bank Hapoalim and Israel Discount Bank will each pay the State Treasury ILS 40 million within the framework of an administrative settlement, in respect of their acquisitions of minority stakes in a competitor.

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Categories: Antitrust and Competition | Banking & Finance | Banking Regulation

Increasing transparency: Israel Competition Authority Will Publish List of Transactions Under Review

9 April 2025 / Irit Brodsky

The Israel Competition Authority (ICA) announced that as of March 31, 2025, it will begin publishing on its website a list of pending merger transactions and exemption applications for restrictive trade arrangements that are under its review.

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Categories: Antitrust and Competition

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Client updates / Competition Rules