Antitrust law (Part II)

Mergers

Merging companies must issue a merger notice and obtain consent of the general director of the antitrust authority in the following instances:

• As a result of the merger, the market share of the merging companies in the production, sale, marketing or purchase of a particular asset or in the provision of a particular service would exceed fifty percent;
• The combined sales turnover of the merging companies, in the fiscal year preceding the merger, exceeded 150 million NIS;
• One of the merging companies is a monopoly.

Restrictive arrangements related to mergers (in particular non competing clauses) are exempted of notice and consent since 2004, subject to certain conditions.

Antitrust authorities

Antitrust authorities consist of:

• The general director of the antitrust authority;
• The antitrust tribunal;
• The advisory exemptions and mergers committee.