Israel Competition Authority toughens merger disclosures
Categories: Corporate and M&A
Competition Authority toughens merger disclosures.
The new merger application regulations are part of the plan to tackle excessive concentration in Israel’s food market.
New regulations set by the Competition Authority, headed by Adv. Michal Cohen, put a greater reporting burden on companies seeking to merge. The Competition Authority will receive more detailed information on merging companies that is meant to enable it to fulfil one of its main aims, namely boosting competition in the food industry. The regulations are being published shortly after Minister of Finance Avigdor Liberman announced his program for greater competition in that market.
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