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Israeli regulator to study whether Internet giants breach anti-trust rules

Jan, 08, 2023 Hi-network.com
Israel's anti-trust regulator announced that it will look into the activities of Internet companies, such as Facebook and Google,to ensure that they are not monopolising the market and stifling competition. According to the head of the authority, Michal Halperin, anti-trust rules apply to Internet companies even if they are not registered in the country, as they 'have a sufficient presence in Israel'. Israel has recently increased its pressure on the economic activities of Internet companies. In November 2017, the country declared that it would join the EU in pushing Internet companies to pay more tax and combat their tax avoidance.

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