How is significant market power assessed under Israeli competition law?
Earlier this year, the amendment of the Israeli Restrictive Trade Practices Law (now called the Economic Competition Law) expanded the definition of a monopolist to include not only an entity which has a market share above 50% of the supply or acquisition of a product or service, but also any entity which has “significant market power” in relation to the supply or acquisition of a product or service (even if it does not hold a market share above 50%).
On July 21, 2019, the Israeli Competition Authority published the final version of its position paper on the matter of how to evaluate significant market power, and in the legal update below we review and discuss the main points in this document.
Please find the full legal update here (Hebrew)
