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Antitrust Enforcement of the Prohibition of Excessive Prices: The Israeli Experience

In: Excessive Pricing and Competition Law Enforcement

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  • Yossi Spiegel

    (Tel Aviv University)

Abstract

Until recently, there was no antitrust enforcement of a prohibition of excessive pricing in Israel. However, in recent years, a large and growing number of motions to certify class actions alleging excessive prices have been filed, although so far, only one class action has been certified by the court and it may take years before a final verdict is issued. Given this trend and given that courts are yet to clarify what excessive prices are and when high prices are deemed excessive and violate the Israeli Antitrust Law, monopolies in Israel face a high degree of legal uncertainty. In this chapter, I review these developments in detail and discuss the lessons that can be drawn from the Israeli experience.

Suggested Citation

  • Yossi Spiegel, 2018. "Antitrust Enforcement of the Prohibition of Excessive Prices: The Israeli Experience," International Law and Economics, in: Yannis Katsoulacos & Frédéric Jenny (ed.), Excessive Pricing and Competition Law Enforcement, pages 127-158, Springer.
  • Handle: RePEc:spr:intchp:978-3-319-92831-9_5
    DOI: 10.1007/978-3-319-92831-9_5
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    Cited by:

    1. Gilo, David & Spiegel, Yossi, 2018. "The antitrust prohibition of excessive pricing," International Journal of Industrial Organization, Elsevier, vol. 61(C), pages 503-541.

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