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  6/16/2006, Sivan 20, 5766

Supreme Court Upholds Ban on Dor Alon-Sonol Merger


(IsraelNN.com) The Supreme Court has overturned a lower court decision which would have allowed the Dor Alon and Sonol energy companies to merge despite objections by the government's anti-trust authority.

The three-judge panel said it is not explaining its reasoning because of the "special circumstances of the companies themselves" and because of present conditions in the energy market. The anti-trust authority said the merger would restrict competition. Dor Alon is a relatively new company that spearheaded self-service fuel stations and reduced prices for fuel.