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Israel: Fine settles probe over Tnuva monopoly document dispute

 |  December 13, 2012

Israel’s Antitrust Authority has fined Tnuva Food Industries Ltc. $.79 million after a two-year investigation into whether Tunva Food hid documents pertaining to allegations that Tnuva held a monopoly in the market. There will be no criminal enforcement for the company. The issue began in March of 2011 when Tnuva was ordered to hand over documents; a second request was made in July, and the formal investigation began in September when the Antitrust Authority believed that the company did not hand over all relevant documents.

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