Client updates / Sensitive Information

Israel: Merger Parties Fined for Exchanging Sensitive Information

10 June 2024 / Gal Rozent, Irit Brodsky

The Israel Competition Authority published a consent decree for public comment and ruled that Mizra and Zilber violated the Competition Law by exchanging sensitive business information during their transaction negotiations. Jointly, the companies must now pay a fine of ILS 1.5 million to the State treasury.

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Categories: Antitrust and Competition

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Client updates / Sensitive Information