Antitrust Authority to fast-track noncontroversial mergers

The idea behind the policy is to cut regulation and waiting time in clear-cut situations that raise little or no concern about increasing market concentration.

By
May 8, 2016 21:14
Stock market

A pedestrian looks at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo.. (photo credit: REUTERS)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The Antitrust Authority on Sunday announced plans to create a fast-track “bright-green lane” for mergers and acquisitions that do not raise concerns over reducing competition.

The idea behind the policy is to cut regulation and waiting time in clear-cut situations that raise little or no concern about increasing market concentration.

Be the first to know - Join our Facebook page.


In such cases, the deals will be approved within “a significantly shorter period” than the 30 days required by law, the Antitrust Authority said.

To qualify, the two companies involved in a merger or acquisition will have to provide detailed information and a full notice, as opposed to an abbreviated one otherwise used, including market research, analyses and data on market share that prove there are no competition worries.

The Antitrust Authority said it will reconsider the policy after a three-month trail period, which will stretch from May 8 to August 8, before enshrining it as a permanent path.

Related Content

Workers strike outside of the Teva building in Jerusalem, December 2017
December 18, 2017
Workers make explosive threats as massive Teva layoff strikes continue

By MAX SCHINDLER