Anti-trust regulators target Google, Facebook

In a heated Knesset discussion on Monday, Israel’s Anti-trust Authority Commissioner Michal Halperin said the government was looking at the companies' business practices.

By
January 9, 2018 07:44
1 minute read.
Google Street View

A Google Street View car. (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 uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • 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

Israel’s anti-trust regulator and tax authority are investigating whether Google, Facebook and Apple, among other Internet giants, are violating anti-trust laws and evading local taxes.

In a heated Knesset discussion on Monday, with Google and Facebook representatives in attendance, Israel’s Anti-trust Authority Commissioner Michal Halperin said the government was looking at the companies’ business practices.

Be the first to know - Join our Facebook page.


“Larger economies than ours are struggling with these questions and the answers are not simple,” Halperin said in a statement. “In 2018, we conducted an in-depth examination and closely monitored the activities of the Internet giants, to examine whether they are exploiting their power and violating the Anti-trust Law.”

The authority is looking at whether major Internet companies are trying to stifle competitors amid hard financial challenges for traditional media.

Advertising rates have plummeted in other industries, including for television channels and newspapers.

The two firms control some 80% of the advertising market in Israel, or between some NIS 1.5-1.7 billion ($436-494 million) annually, according to Reuters.

When MK Yaakov Peri (Yesh Atid) asked whether these types of companies were paying taxes, Moshe Asher, the head of Israel’s Tax Authority, chimed in.



“They are in the process of being assessed, and at the end of the day, we’ll collect taxes from those that come to Israel,” Asher said, declining to specify specific steps being taken.

Related Content

Rabbi Dov Hayun speaks at the prayer service and demonstration outside the Haifa Rabbinical Court on
July 22, 2018
Protesters pray at Haifa Rabbinical Court after Conservative rabbi arrest

By JEREMY SHARON