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A Recently Published Draft Amendment Seeks to Reform Israel's Main Antitrust Statute
Yesterday, on October 30, 2017, the Israeli Antitrust Authority published a draft amendment which includes several significant amendments to the Restrictive Trade Practices Law, 5748-1988, including changing the Law’s name to the “Competition Law.”
This is the most comprehensive amendment to the Law since it was first adopted nearly 30 years ago. In this update, we will review the main proposed amendments, and their practical implications on businesses.

Adv. Boaz Golan, Head of Goldfarb-Seligman’s Antitrust and Competition Department, served as a special outside advisor to the IAA’s General Director for the purpose of the draft amendment.
 
For the full update, please click here.
 
We will be happy to assist you with any question and / or clarification.


 
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The content in this Memo is provided for informational purposes only, and does not serve to replace professional legal advice required on a case by case basis. The Firm does not undertake to update the information in this Memo, or its recipients, about any normative, legal, or other changes that may impact the subject matter of this Memo.
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Should you have any questions or need additional information regarding this matter, please feel free to contact Adv. Boaz Golan, Partner, Head of the Antitrust and Competition Department: boaz.golan@goldfarb.com, or Adv. Nimrod Prawer, Partner, Antitrust and Competition Department: nimrod.prawer@goldfarb.com, or at: 03-6089850.