חוק ההגבלים העסקיים (תיקון מס' 20 - הוראת שעה), התשע"ח-2018Restrictive Trade Practices Law (Amendment No. 20 - temporary provision), 2018 · automatic translation · suggest a correction

Official summary of the law (Knesset)

The law was passed in its second and third readings on 18 July 2018, and it amends the Restrictive Trade Practices Law, 1988. The amendment authorizes the Commissioner of Restrictive Trade Practices to issue instructions to a direct importer if it is found that, as a result of the direct importer's status, there is a concern of significant harm to parallel import or personal import, and that competition in the sector in which the direct importer operates may consequently be significantly harmed. This is in order to reduce barriers and restrictions on personal import and parallel import. A direct importer is defined in the bill as one who imports goods into Israel or distributes goods imported into Israel, pursuant to an arrangement with the manufacturer of the goods in a foreign country, as well as one who manufactures goods in Israel by virtue of an arrangement with a person in a foreign country. The amendment is a temporary provision for three years, and the Minister of Economy and Industry, upon the recommendation of the Commissioner of Restrictive Trade Practices and with the approval of the Knesset Economic Affairs Committee, may extend the validity of the temporary provision for an additional three years.

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