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ISRAEL AT WAR - DAY 593

Israel Competition Authority

Offices of Discount and Hapoalim banks in the center of Tel Aviv (Miriam Alster/ FLASH90)
April 9, 2025, 5:11 pm
Hapoalim and Discount each fined NIS 40 million by competition watchdog
Israel Competition Authority alleges that the commercial banks’ minority stakes in fintech startup Neema would restrict fair conduct and hinder competition
By Sharon Wrobel
For illustration: Victory supermarket in Tel Aviv, November 19, 2019. (Miriam Alster/FLASH90)
February 19, 2025, 8:26 pm
Competition watchdog indicts three supermarket chains for price fixing
Victory, Yochananof, Super Bareket and their CEOs are charged with making illegal agreements to coordinate prices and promotions
By Sharon Wrobel
Shoppers and supermarket staff seen at the new branch of a Mahsanei HaShuk chain in Katzrin, on the Golan Heights, on November 22, 2022. (Michael Giladi/Flash90)
January 3, 2025, 1:57 pm
Along with soaring prices, Israel rings in 2025 with economic reforms, but will they work?
With a few behemoths dominating imports of food, cosmetics and other products, changes are intended to lower costs including by boosting competition; experts have their doubts
By Sue Surkes
Shoppers at a Spar supermarket in Johannesburg, South Africa, March 24, 2020 (AP Photo/Denis Farrell)
September 28, 2023, 2:52 pm
Shufersal backs out of deal to open local stores for Dutch SPAR supermarket chain
Israel’s largest supermarket chain cites regulatory conditions set by competition watchdog and market conditions as reasons for canceling partnership to bring SPAR to the country
By Sharon Wrobel
View of the Strauss Elite candy factory in Nof Hagalil, northern Israel, April 28, 2022. (David Cohen/FLASH90)
August 22, 2023, 5:54 pm
Israel competition watchdog summons Strauss over price-fixing allegations
Food and beverage manufacturing giant, former CEO Giora Bardea, and CFO Ariel Chetrit are alleged to have attempted to coordinate price hikes with competitors
By Sharon Wrobel
Wissotzky tea. (Courtesy)
June 29, 2023, 9:03 pm
Israel antitrust watchdog declares Wissotzky a monopoly
Israel Competition Authority cites abuse of market power by company when it comes to green teas and herbal infusions
By Sharon Wrobel
Michal Cohen, director-general of the Israel Competition Authority, speaks during an Economic Affairs Committee meeting at the Knesset in Jerusalem, January 16, 2023. (Yonatan Sindel/Flash90)
May 22, 2023, 8:34 pm
‘Lack of trust’: Economy minister asks Competition Authority chief to resign
Nir Barkat claims ‘weakness’ of agency under Michal Cohen a key reason for rising food prices, accuses her of refusing to adopt his policies
By ToI Staff
Blue and White party leader Benny Gantz at his party headquarters, in Tel Aviv, September 12, 2019. (AP Photo/Oded Balilty)
April 4, 2023, 6:12 pm
Officials close criminal probe of cybersecurity firm formerly headed by Gantz
State attorney says no evidence of causal link between erroneous information provided by Fifth Dimension and police’s provision of a $1 million grant secured by firm
By Jeremy Sharon and ToI Staff
Shufersal CEO Itzik Abercohen (L) and supermarket mogul Rami Levy (R) during a Knesset Economic Affairs Committee meeting, November 10, 2021. (Noam Moskowitz/Knesset spokesperson)
November 10, 2021, 7:16 pm
Shufersal boss denies price fixing; Rami Levy booted from Knesset committee
Competition Authority continues to investigate retail chains and importers, a day after their offices are raided over apparent breach of antitrust laws
By ToI Staff
Illustrative: People shop for food at Shufersal, on September 21, 2020. (Yossi Aloni/Flash90)
November 9, 2021, 6:43 pm
Supermarket chain, major food maker raided in probe into suspected price fixing
Documents, computers taken from Shufersal; Strauss also raided; CEOs of both companies, as well as boss of Victory chain, said to be under investigation by competition authority
By ToI Staff
Facebook CEO Mark Zuckerberg testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, October 23, 2019. (AP Photo/Andrew Harnik)
May 11, 2021, 2:29 pm
Facebook faces $1.8 million fine for buying firms without Israeli regulator nod
US giant is ‘monopolist’ force in social media in Israel and thus required by law to report acquisitions to the Competition Authority; FB is ‘fully cooperating’ with inquiry
By Shoshanna Solomon
Adi Soffer Teeni, general manager of Facebook Israel, speaks at the annual "Globes Business Conference" held at the David Intercontinental Hotel in Tel Aviv on December 6, 2015. (Miriam Alster/Flash90)
December 14, 2020, 5:00 pm
Israel said seeking to fine Facebook hundreds of millions over merger laws
Competition Authority reportedly contends that social media giant failed to adequately report acquisitions of Israeli companies, days after the US filed suit against Facebook
By ToI Staff
An aerial view of the Israeli Tamar gas processing rig 24 kilometers off the Israeli southern coast of Ashkelon.
October 7, 2020, 9:38 pm
IEC asks antitrust boss to probe Noble Energy for holding it ‘hostage’
Israel Electric Corporation says natural gas operator abusing monopoly status by shutting gas taps to keep prices high, despite lower price agreed by other shareholders
By Sue Surkes
Then Israel Police commissioner Roni Alsheich (L) poses for a picture with former IDF chief of staff Benny Gantz (R) at a ceremony marking Alsheich's retirement, in Beit Shemesh on November 29, 2018. (Yonatan Sindel/Flash90)
July 8, 2020, 5:43 pm
Police probe into Gantz’s former firm handed to Israel Competition Authority
Investigation into wrongdoing at AI startup Fifth Dimension taken out of police hands due to possibility of law enforcement involvement in suspected wrongly granted contract
By ToI Staff
Israelis walk at a shopping center in the city of Netanya, on April 26, 2020. (Yossi Aloni/Flash90)
April 27, 2020, 10:18 am
Government okays NIS 6 billion to meet major chains’ demands as they stay closed
Hundreds of large businesses refused to reopen Sunday, citing lack of state monetary support; they are expected to resume operations over the next few days as new funds approved
By ToI Staff
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