Updating the class exemptions under the Antitrust Law and extending their period

As part of a merger transaction in which shareholders in the target company sold their shares to the acquiring company, an Israeli company wholly held by an Australian ASX traded company, the acquiring company undertook to provide a loan for the benefit of the target company.  While the share purchase agreements were made only with […]

A gas products marketer, which sells products to several distributors, demanded that a store owner, with whom it had worked for 15 years, not advertise products at a price lower than the price it set.  After the store owner objected to the demand, contending it is a forbidden restrictive arrangement, the distributor stopped supplying its […]

An indictment was filed against 17 defendants for committing the offenses of a restrictive arrangement, receiving something by fraud, and money laundering, although 50 were originally involved in the case. The prosecution decided who to prosecute based on parameters reflecting the severity of the acts. The Court held that the criteria subject to which the […]

A motion to certify a class action was filed against supermarket chains, alleging they were parties to restrictive arrangements intended to harm competition and raise prices.  The motion relied solely on an indictment filed by the Israeli Competition Authority. The Court summarily dismissed the motion to certify the class action.  Summary dismissal of a claim […]