Restrictions Proposed on Firms with Less Than 50% Market Share

On May 3 2015 the general director of the Israel Antitrust Authority published a memorandum of legislation calling for the amendment of the Restrictive Trade Practices Law (5748/1988). The memorandum proposes to apply the statutory restrictions generally applied to monopolies to businesses that hold a market share of less than 50% in situations where such businesses possess market power.