Regulation / Competition Law and Antitrust
Competition laws are a primary and critical element of many commercial relationships such as mergers and acquisitions. All businesses should be aware of the impact of these laws.
Our anti-trust and competition practice team covers both contentious and non-contentious aspects of a complex and wide-ranging area of law.
If necessary, we obtain anti-trust rulings to complete M&A transactions and negotiate the conditions that may apply to such rulings. We advise on identifying whether or not the anti-trust laws may impact upon a proposed transaction in order to mitigate against potential difficulties at a later stage.
We also regularly represent clients before the Israeli Antitrust Authority, the Anti- Trust Tribunal and the Israeli Courts regarding class actions and other legal proceedings concerning cartels, restrictive trade practices, abuse of monopolistic power etc.
We will proactively examine a company’s commercial arrangements vis-à-vis competition, in particular to ensure compliance with the Restrictive Trade Practices Law and to provide guidance on the intra-organizational processes that prevent violations.
News and updates - Regulation / Competition Law and Antitrust:
Israel Competition Authority Increases Enforcement against Exclusivity Arrangements
On December 30, 2020, the Israel Competition Authority (ICA) notified SOS, a company in the field of fueling services, it was imposing a financial sanction of NIS 6.3 million on the company. In addition, it imposed a financial sanction of NIS 350,000 on an executive officer in the company. Following a complaint an SOS competitor filed with the ICA, the ICA concluded SOS had entered into exclusivity agreements with its clients. The company also implemented a policy whereby it would not provide fueling services to a client if the client simultaneously engaged with a competing fuel service provider.
Entities with Relatively Small Market Shares May Also Be Deemed Monopolies
Six months after the amendment to the Economic Competition Law took effect, the Competition Authority published its position regarding the circumstances in which even an entity with less than a 50% market share may be deemed a "monopoly holder."
Event Invite: The Impact on Your Business of New Amendments to the Restrictive Trade Practices Law
Our firm is holding a seminar on March 18 about the ways in which recent amendments to the Restrictive Trade Practices Law meet the daily needs of a corporation and its officers. A representative from the Israel Competition Authority will also take part.
Regulation / Competition Law and Antitrust
Competition laws are a primary and critical element of many commercial relationships such as mergers and acquisitions. All businesses should be aware of the impact of these laws.
Our anti-trust and competition practice team covers both contentious and non-contentious aspects of a complex and wide-ranging area of law.
If necessary, we obtain anti-trust rulings to complete M&A transactions and negotiate the conditions that may apply to such rulings. We advise on identifying whether or not the anti-trust laws may impact upon a proposed transaction in order to mitigate against potential difficulties at a later stage.
We also regularly represent clients before the Israeli Antitrust Authority, the Anti- Trust Tribunal and the Israeli Courts regarding class actions and other legal proceedings concerning cartels, restrictive trade practices, abuse of monopolistic power etc.
We will proactively examine a company’s commercial arrangements vis-à-vis competition, in particular to ensure compliance with the Restrictive Trade Practices Law and to provide guidance on the intra-organizational processes that prevent violations.
P. Banking & Finance, Competition Law and Antitrust, Internet, Privacy Law, Regulation, Telecom & Media
News and updates - Regulation:
Israel Competition Authority Increases Enforcement against Exclusivity Arrangements
On December 30, 2020, the Israel Competition Authority (ICA) notified SOS, a company in the field of fueling services, it was imposing a financial sanction of NIS 6.3 million on the company. In addition, it imposed a financial sanction of NIS 350,000 on an executive officer in the company. Following a complaint an SOS competitor filed with the ICA, the ICA concluded SOS had entered into exclusivity agreements with its clients. The company also implemented a policy whereby it would not provide fueling services to a client if the client simultaneously engaged with a competing fuel service provider.
Entities with Relatively Small Market Shares May Also Be Deemed Monopolies
Six months after the amendment to the Economic Competition Law took effect, the Competition Authority published its position regarding the circumstances in which even an entity with less than a 50% market share may be deemed a "monopoly holder."
Event Invite: The Impact on Your Business of New Amendments to the Restrictive Trade Practices Law
Our firm is holding a seminar on March 18 about the ways in which recent amendments to the Restrictive Trade Practices Law meet the daily needs of a corporation and its officers. A representative from the Israel Competition Authority will also take part.