Israel: Antitrust Authority merger approval to determine Flat Glass debt reduction
An agreement made between creditors over Phoenicia America-Israel (Flat Glass) Ltd.’s debt will only come into effect after Israel’s Antitrust Authority approves the sale of Flat Glass to Fortissimo Capital. Flat Glass is in NIS 320 million in debt, though a judge at the Nazareth District Court had approved a 15 percent reduction in the debt offered by the four banks that are owed the money.
Featured News
Air Canada Disputes Competition Bureau’s Report on Airline Market
Jun 22, 2025 by
CPI
CMA Initiates Market Study on UK Road and Railway Infrastructure Delivery
Jun 22, 2025 by
CPI
Turkey Opens Antitrust Investigation into Google Over Digital Advertising Practices
Jun 22, 2025 by
CPI
Florida Legislature Pushes for Tougher Noncompete Restrictions
Jun 22, 2025 by
CPI
Apple Explores Potential Acquisition of AI Startup Perplexity AI
Jun 22, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Theories of Harm
Jun 17, 2025 by
CPI
What Do We Mean by Harm to the Competitive Process?
Jun 17, 2025 by
Sean Sullivan
Is There a Better Approach to Vertical Merger Analysis?
Jun 17, 2025 by
Bob Majure & Andrew Sfekas
California’s Ill-Advised Turn Toward Europeanized Theories of Harm For Single-Firm Conduct
Jun 17, 2025 by
Geoffrey Manne, Dirk Auer & Brian Albrecht
EU Competition Policy in Support of Democracy and Sustainability: What Theories of Harm When Moving Away From the Predominance of the Consumer Welfare Paradigm?
Jun 17, 2025 by
Marios C. Iacovides