חוק קידום התחרות בענפי המזון והפארם (תיקון מס' 9), התשפ"ו–2025Law for the Promotion of Competition in the Food and Pharmaceutical Sectors (Amendment No. 9), 2025 · automatic translation · suggest a correction

Official summary of the law (Knesset)

The law amends the definition of "large pharma retailer" set forth in the Law for the Promotion of Competition in the Food and Pharma Sectors, 2014, in order to adapt the definition to the characteristics of the pharma market. Currently, under the law, the sales turnover threshold by which a "pharma retailer" is defined as a "large pharma retailer" stands at approximately 287 million new shekels (this amount is identical to the amount by which a retailer in the food sector is defined as a "large retailer"). Under the new arrangement, a "pharma retailer" will be defined as a "large pharma retailer" if its revenue turnover stands at 450 million new shekels, instead of 287 million shekels, and it will also be required to hold at least 12 pharma stores. It should be noted that the definition will apply only with respect to pharma retailers, while the definition of "large retailer" in the food sector will remain unchanged. The change in definition is intended to adapt the existing law to the characteristics of the pharma market, which is characterized by high concentration and difficulties for new players to enter the market. The definition of a retailer as a "large retailer" has broad implications, since the existing law imposes a series of stringent provisions that apply solely to large retailers – these provisions include, among other things, restrictions on actions that a large retailer may take within the framework of its relations with suppliers, provisions concerning the preservation of competition among retailers operating in the same geographic area, and various obligations regarding price transparency. As a result of the amendment to the law, the number of pharma retailers subject to such stringent provisions will decrease, and this will make it easier for new players to enter the market and will promote competition in the sector.

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