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Competition Authority head Michal Halperin steps down
Israel s antitrust regulator is quitting after more than five years so that she can conduct research at Harvard University.
Israel Competition Authority head Michal Halperin announced today that she will step down in August. Halperin told her employees in a letter that, The time has come to pass on the baton of the Authority to a successor.
Halperin contacted Minister of Economy and Industry Amir Peretz this morning and said that, After five and a half years of endeavor, I am requesting to end my term of office and take time out, of which I will take advantage of for research and writing at Harvard University.
2021-05-11 12:05:26 GMT2021-05-11 20:05:26(Beijing Time) Xinhua English
JERUSALEM, May 11 (Xinhua) Israel is considering to fine the U.S. social media giant Facebook, the Israel Competition Authority (ICA) said on Tuesday.
The fine, 6 million new shekels (1.83 million U.S. dollars), is considered due to Facebook s violation of Israel s Economic Competition Law (ECL) by consummating merger transactions in Israel without the consent of Director General for Competition.
Michal Halperin, the director general, on Tuesday notified Facebook about the fine in a hearing letter, and Facebook has the right to submit its argument within 60 days.
The company purchased two Israeli companies in 2018 and 2019, respectively, without obtaining Halperin s consent.