BREAKING NEWS

Deri appoints temporary antitrust commissioner replacement

AUGUST 23, 2015 18:28

Economy Minister Aryeh Deri on Sunday appointed Antritust Authority legal adviser Uri Schwartz to temporarily replace outgoing Antitrust Commissioner David Gilo when he step down at the end of the month.

Gilo announced in May that he would leave the position in protest over a pending compromise deal to regulate Israel's natural gas.

In December, Gilo had threatened to label Noble Energy and the Delek group, the companies developing the Leviathan gas field, as a "restrictive arrangement," similar to a cartel. The May deal Gilo rejected has since been updated, though Gilo has yet to comment on the pending arrangement.

The latest deal must be approved by the Knesset, where its future is uncertain due to the thin majority of the governing coalition, exacerbated by the fact that three coalition MKs have recused themselves from gas-related decisions due to conflicts of interest.

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