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Facilitating Practices in the Israeli Retail Banking Sector

BY | June 11, 2009

This article is part of a Chronicle. See more from this Chronicle Jun 13, 2009 On April 26th 2009, the Director General of the Israel Antitrust Authority exercised her authority…

This article is part of a Chronicle. See more from this Chronicle

Jun 13, 2009

On April 26th 2009, the Director General of the Israel Antitrust Authority exercised her authority under § 43(a)(1) of the Restrictive Trade Practices Law (Antitrust Law), and determined that information exchanges among Israel’s five largest banks constituted a restrictive arrangement. In particular, it was established that these practices harmed competition in the market for the provision of retail banking s

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