Client updates /  International Law

In July 2025, the European Competition Commission imposed a EUR 489,000 fine on Alchem International Pvt. Ltd. and its Hong Kong subsidiary for their involvement in a pharmaceutical cartel involving the active ingredient used in the manufacture of an abdominal antispasmodic medicine.

The “What’s Good for Europe Is Good for Israel” reform came into effect at 2025, with considerable resonance. This reform allows importers to import diverse products to Israel in a new standardization track, based on compliance with the requirements of strict European regulations and standards.

In May, a US federal court ordered Israeli firm NSO Group to pay $168 million to WhatsApp. The ruling raises key questions about US jurisdiction over foreign companies and defense tech regulation.

The United States, the European Union, and other countries have been imposing economic sanctions on Israel for quite some time. The recent sanctions imposed on Israeli settlers suspected or convicted of committing violence against Palestinians may be a harbinger of a broad regime of sanctions that may affect business activities in Israel.

Israeli companies in the “risk zone” must ascertain if they are subject to sanctions and adopt a significant sanctions compliance plan.

The economic sanctions the United States has imposed on Russia have possible implications for the Israeli business community.