Our firm provides ongoing counsel to leading corporations, including some of the largest corporations in the Israeli market, regarding the laws and regulations to which monopolies are subject to.
Our legal teams provide ongoing counsel to corporations that may possess “significant market power”, advising clients as to what is permissible and prohibited in their present position. In addition, our attorneys advise companies regarding their contact with other corporations which may be defined as monopolies, whether as competitors, suppliers or clients of the company.
Our firm also represents clients in various litigation proceedings related to their position as monopolies, both in civil claims and in class actions submitted against them.
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 legal teams 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. The firm also represents clients in relation to the allocation of government licenses under the Concentration Law.
