
Bezeq, Israel’s largest telecoms group, has been fined 30 million shekels (US$8.6 million) for what the competition regulator stated was an “abuse of the firm’s monopolistic position” in telecommunications infrastructure.
The antitrust authority also imposed a financial penalty of 500,000 shekels (US$141,716) on a senior Bezeq official and announced on Wednesday, September 4, it intended to levy a further 8 million shekel (US$2.27 million) fine on Bezeq for misinformation during the authority’s investigation.
The regulator claimed Bezeq blocked competitors from deploying wired communications networks using the company’s infrastructure, which “could adversely affect the development of competition in the supply of Internet, television and wired telecoms services.”
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Federal Reserve Greenlights Capital One’s $35.3 Billion Acquisition of Discover
Apr 18, 2025 by
CPI
Google to Appeal Partial Ruling in DOJ Antitrust Case
Apr 18, 2025 by
CPI
Indian Ad Agencies Warned Against WhatsApp Discussions After Antitrust Raids
Apr 17, 2025 by
CPI
US Court Ruling Against Google Spurs Fresh Antitrust Tensions in Europe
Apr 17, 2025 by
CPI
AstraZeneca Accused of Stifling Biosimilar Competition for Rare Disease Drug
Apr 17, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Airline Industry
Apr 10, 2025 by
CPI
Boosting Competition in International Aviation
Apr 10, 2025 by
Jeffrey N. Shane
Reshaping Competition Policy for the U.S. Airline Industry
Apr 10, 2025 by
Diana L. Moss
Algorithmic Collusion in the Skies: The Role of AI in Shaping Airline Competition
Apr 10, 2025 by
Qi Ge, Myongjin Kim & Nicholas Rupp
Competition in U.S. Airline Markets: Major Developments and Economic Insights
Apr 10, 2025 by
Germán Bet