The Concentration Law
The Law for Promotion of Competition and Reduction of Concentration, 2013 (the “Concentration Law”), which was enacted with the goal of implementing the recommendations of the Government Committee to Encourage Competitiveness in the Economy, is unique to Israeli law.
The Concentration Law strives to reduce concentration by curbing the activity of major corporations who meet specific criteria, as set by the law. For example, the law requires the relevant regulatory authority to take into consideration several concentration and competition considerations prior to the allocation of essential infrastructure rights to a private entity, as defined by the law.
Our competition and antitrust attorneys advise some of Israel’s largest business groups regarding the practical changes required under the law, as well as on the impact of the law upon their commercial activity. Our legal teams provide ongoing counsel to these clients in implementing the required changes under the Concentration Law, including separating financial and real assets, updating data and activity scope, and more. In addition, our attorneys possess unique expertise in representing corporations regarding their removal from the list of Concentrated Entities.
The firm also represents clients in relation to the allocation of government licenses under the Concentration Law.