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ARTICLE · 03 MAY 2017

Legal Update: Competition & Antitrust - December 2016

We would like to update you with regard to the Israel Antitrust Authority's recent Notice, which sets out the procedure for reviewing mergers which clearly do not give rise to a reasonable concern of significant harm to competition.

IsraelAntitrust/Competition Law

The Israeli Antitrust Authority Publishes the "Ultra Green" Mergers Procedure -Fast-Track Handling of Mergers that Do Not Give Rise to a Reasonable Concern of Significant Harm to Competition

Dear Clients and Friends,

We would like to update you with regard to the Israel Antitrust Authority's recent Notice (the "IAA", the "IAA's Notice", respectively), which sets out the procedure for reviewing mergers which clearly do not give rise to a reasonable concern of significant harm to competition ("Ultra Green Mergers").

A. The Background to The IAA's Notice

On May 8, 2016, the IAA published a press release regarding its examination of a procedure for reviewing Ultra Green Mergers (the "Procedure"), available at this link (English). In summary, the Procedure establishes the following:

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