Antitrust Law Client Update – Decisions clarifying enforcement policy
The Antitrust Tribunal and the Israeli Antitrust Authority (IAA) have recently issued several decisions clarifying the enforcement policy of the IAA and the penalty standard in antitrust offenses. Some insights can be derived from the recent decisions: the IAA has expanded its enforcement efforts and begun widespread implementation of monetary penalties; the IAA has requested the incarceration of senior office holders; enforcement efforts are also being targeted at medium-sized and small businesses; the IAA continues to consider “bid-rigging” a fundamental offense; and technical violations of the Restrictive Trade Practices Law, 5748-1988 are being increasingly enforced.
Click here to read EBN’s Competition client update.decisions clarifying enforcement policy