Press Release Spread
Competition Law and Policy in Israel - 2011 Report Describes the Policy Foundations, Substantive Competition Law and Enforcement Experience
Dublin - Research and Markets
(http://www.researchandmarkets.com/research/8b615b/competition_law_an) has announced the addition of OECD Publishing 's new report "Competition Law and Policy in Israel" to their offering.
Israel adopted its comprehensive competition law, the Restrictive Trade Practices Law, in 1988, replacing a law dating from 1959 and embodying a new approach to promoting market competition. Hard core cartels are now prosecuted as per se violations, while other agreements are subject to rule of reason analysis. Block exemptions that excuse parties from obtaining specific exemptions for restrictive arrangements are based on EU models. In monopoly law, provisions like Article 102 TFEU (Treaty on the Functioning of the European Union) have been added to an earlier design keyed to market share.
Mergers are reviewed using a contemporary, effects-based analysis, but the Laws employment of market share as a criterion for notification does not conform to recommendations that criteria be objective. Although improvements in procedures have reduced the time expended to evaluate mergers, appellate review of IAA merger decisions has sometimes been delayed.
Pending amendments would focus the laws restrictive arrangements prohibition on conduct that impairs market competition, limit per se treatment to horizontal collusion affecting price, and provide more effective tools for addressing oligopoly markets. The proposals mirror and support the general trend to reduce the scope of per se and categorical treatment, as the IAA and the courts have become better able to assess competitive effects.
The Review of Competition Law and Policy in Israel was prepared as part of the process of Israel's accession to OECD Membership. The report describes the policy foundations, substantive competition law and enforcement experience, institutional structure as well as treatment of competition issues in regulatory and legislative processes. The review then examines these findings under three assessment themes: the current situation of competition policy and enforcement; the magnitude and direction of change in competition policy over the last 5-10 years; the extent of conformity with the particular OECD competition recommendations.
Key Topics Covered:
- Foundations
- Substantive issues: content and application of the competition law
- Institutional issues: enforcement structures and practices
- Sectoral regimes and exclusions
- Competition issues in regulatory and legislative processes
- Conclusions and Recommendations
For more information visit http://www.researchandmarkets.com/research/8b615b/competition_law_an
Contact: Laura Wood,
, press@researchandmarkets.com
,
Category: Banking & Financial Services
Word Count:0
Tags: exclusions competition issues, iaa merger decisions, oecd competition recommendations, oligopoly markets, merger, European Union, treatment, policy, policy foundations, issue, competition, competition law, practices sectoral regimes, enforcement experience, oecd membership, arrangements prohibition, reason analysis, proposals mirror, oecd publishing, assessment themes, market competition, monopoly law provisions, market, competition policy, Market Share, enforcement, eu models, hard core cartels, competition issues, block exemptions, oecd, laws employment, Process, Israel, issues enforcement structures, law, 5 10 years, excuse parties, processes conclusions, report competition law, key topics
Weblinks: http://www.researchandmarkets.com/research/8b615b/competition_law_an
Research and Markets
We are the world's leading source for market research and market data, and we hold over 700,000 major research publications from leading publishers, consultants and analysts worldwide. We can provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. We are a one-stop shop for market research reports and industry newsletters from specialist research firms and niche market analysts, and we have clients in over 100 cities worldwide.
Disclaimer







