Client Update | Antitrust & Competition | Competition Law in Israel – Looking Forward to 2018
16 January 2018
- The Israeli Antitrust Commissioner stated that the Israeli Antitrust Authority will study the activity of technology giants, such as Google and Facebook, and may confront them for the first time.
- The Israeli Antitrust Authority continues to promote a major reform in competition law, with changes both to the Restrictive Trade Practices Law, 1988, and to the block exemptions.
- The IAA is working on a new block exemption for joint financing, after over 15 years of regulating joint financing by way of no-action letters.
- Strong criminal and administrative enforcement. This trend has been somewhat tempered by the Israeli Supreme Court, which mitigated the sentences in two criminal cases brought before it.
- Multiple research reports on various markets – mostly ones which directly affect consumers.
- Policy documents on several subjects including excessive pricing by monopolies and resale price maintenance.
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