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Israel Competition Authority May Fine Facebook Over Mergers

May 11, 2021, 9:56 AM UTC
Alisa Odenheimer
Alisa Odenheimer
Bloomberg News

The Director General for Competition is considering fining Facebook 6 million shekels for concluding mergers in Israel without the regulator’s consent, in violation of the Economic Competition Law

  • Facebook said it is looking into the matter

To contact the reporter on this story:
Alisa Odenheimer in Jerusalem at aodenheimer@bloomberg.net

To contact the editors responsible for this story:
Shaji Mathew at shajimathew@bloomberg.net

Amy Teibel

© 2021 Bloomberg L.P. All rights reserved. Used with permission.

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