The Knesset, Israel's legislature, approved changes to the Restrictive Trade Practices Law that raise the maximum of antitrust fines. The Antitrust Authority will be able to impose fines of up to 8 percent of a company's annual revenue, but capped at NIS 24 million.
Full content: Haaretz
Related content: Director Disqualification as a Complement to EU Antitrust Fines: Towards a More Balanced Sanctions Policy (Mark Powell & Grant McKelvey, White & Case)
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