Global Competition Review (GCR) published The European, Middle Eastern and African Antitrust Review 2021. The “Israel Overview” chapter was written by FBC’s Tal Eyal-Boger, Ziv Schwartz and Shani Brown.
The Economic Competition Law, 5748-1988 (amended in January 2019) has led to a significant reform in the Israeli antitrust regime. The amendment’s declared goal is to decrease the regulatory burden that currently applies to legitimate and efficient practices, while strengthening the enforcement against anticompetitive conduct. This reform is aligned with the recent trend in the Israeli antitrust regime, whereby the Director General of the Israeli Competition Authority and the Israeli Competition Authority itself have gradually expanded their respective powers. Further to the legislative amendment, the Authority has also recently published important public statements and guidelines, including with respect to the imposition of administrative fines, how to calculate the fines, trade associations, the merger control regime and the monopoly control regime.
All of the above, and more, appear in detail in the attached overview.