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Keren Cohen, Tal Eyal-Boger, Amit Zac, Jun 30, 2014
The past couple of years have seen many significant and influential developments in Israeli competition law and in the enforcement authorities of the General Director of the Israeli Antitrust Authority, inter alia, against the backdrop of unprecedented social protest against the increase in the cost of living. One such significant development is a new and revolutionary law, enacted in March 2014, which is aimed at bringing about a reduction in food retail prices, mainly by regulating the relationship between suppliers and retailers in the food sector.
In this paper we will review the background of this new legislation. We will then follow with a detailed description of some of the new legislation’s prominent provisions, and will conclude with some critical comments.