News Briefs

  12/9/2013, Tevet 6, 5774

Knesset Passes Concentration Law

The Knesset plenum approved on Monday evening the second and third readings of the concentration law that aims to weaken concentration and tighten the supervision of all central forces in the economy. 73 Knesset members voted in favor and 2 abstained. None were opposed to the law. The Knesset renamed the bill "The law to promote competition and reduce concentration by expansion of cartel settings and barring of pyramid companies."