The applicable law The Restrictive Trade Practices Law, 5748-1988 (the Law) defines three types of restrictive trade practices: restrictive agreements, companies’ mergers and monopolies. The Law, reforming the original Restrictive Trade Practices Law enacted back in 1959, introduced a merger supervision regime for the first time in the late 1980s. Later amendments during the 1990s: established the Israeli Antitrust Authority (the IAA) (article 41A) (1994); amended the Monopoly Chapter by prohibiting a monopolist from abusing its dominant position in a manner that might harm competition or the public (article 29A); introduced class actions under the Law (1996) (that chapter was annulled in 2006, following the…
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