Fast food chain McDonald’s Israel has canceled its exclusivity agreements in shopping centers. Following this measure, the investigation of the matter by the Israel Competition Authority will be dropped.
Israel Competition Authority head Michal Halperin dropped her investigation of McDonald’s after the exclusivity agreements were canceled.
Last December, Israel Competition Authority head Adv. Michal Halperin began an investigation into the leases of McDonald’s Israel franchise holder Aloniel. McDonald’s Israel has 190 branches.
The reason for the investigation was concern that McDonald’s Israel was in breach of a ruling that exclusivity agreements were illegal unless approval had been obtained from the Competition Authority. Under the Restrictive Trade Practices Law, such a breach could have resulted in monetary sanctions.
Halperin discovered, however, that even before the Competition Authority had begun its investigation, the chain had canceled its exclusivity agreements with shopping centers.
Full Content: Globes
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI