Tag: Israel
Israel Watchdog Deepens Bank Interest Rate Probe
The competition watchdog in Israel has requested additional information from the banks regarding an ongoing investigation. It has been noted that the banks are...
Israel’s Economic Minister Tells Antitrust Regulator To Quit
Nir Barkat, the Minister of Economy and Industry, has requested the resignation of Michal Cohen, the head of the Israel Competition Authority.
The Minister of...
Israel Competition Commission Appoints New Chief Economist
CRA announced that Principal, Joshua Sherman, has been appointed new Chief Economist of the Israel Competition Authority. He will begin his appointment March 2023.Dr....
Israel’s Flag Carrier El Al Airlines To Buy Smaller Rival
Israel's flag carrier El Al Airlines, forced to slim down following a government bailout during the pandemic, announced on Thursday, February 3, it has...
Google Buys Israeli Cybersecurity Startup
Google announced its cloud division had acquired Israeli cybersecurity startup Siemplify, as the US tech giant expands its security offerings amid rising cyber attacks, reported Reuters.
Financial...
Israeli Regulator Raids Supermarket Chains
The offices of Israeli supermarket chain Shufersal and food producer Strauss Group have been raided by the country's competition watchdog, the companies announced on...
Israel’s El Al Airlines In Talks To Buy Smaller Rival Arkia
On Tuesday, October 19, Israel airlines El Al Israel announced that it had entered talks with Arkia to consider an acquisition of its smaller...
Israel’s Watchdog Orders Delek, Chevron To End Exclusivity Deal
The Israeli Competition Authority has sent a letter to Delek Drilling and Noble Energy (now owned by Chevron) claiming that the two companies, which...
Israel’s Competition Authority Head Steps Down
Israel's antitrust regulator is quitting after more than five years so that she can conduct research at Harvard University.
Israel Competition Authority head Michal Halperin...
Facebook Says Israel Watchdog’s Merger Claims Are Without Merit
Facebook stated it wasn’t obligated to report the transactions in question and that the Israel Competition Authority’s claims are without merit or foundation.
The company...