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Antitrust Violations Antitrust Provisions Israel

Barnea Jaffa Lande & Co.

ILS 80 Million Penalty for Israeli Banks Over Competing Company Stakes

Bank Hapoalim and Israel Discount Bank will each pay the State Treasury ILS 40 million within the framework of an administrative settlement (“agreed order”), in respect of their acquisitions of minority stakes in a competitor...more

Barnea Jaffa Lande & Co.

Israel Competition Commissioner imposes an unprecedented pecuniary sanction for merger "gun-jumping"

Barnea Jaffa Lande & Co. on

The Director-General of the Israel Competition Authority recently imposed a pecuniary sanction of an unprecedented amount, approximately ILS 111 million, on Strauss and Wyler Farm. This was due to what the Director-General...more

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