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Full coverage· Economy· Updated

Egged Barred From Half-Billion Shekel Tender Amid Monopoly Concerns

Israel's largest public transport operator, Egged, has been definitively barred from a NIS 500 million annual tender for bus routes in the Hasmonean cluster due to monopoly restrictions. The decision by the Public Transportation Authority aims to prevent market concentration and was upheld despite Egged's appeal.

3 newsrooms · 1 language · since

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Egged Barred From Half-Billion Shekel Tender Amid Monopoly Concerns
Illustration by baba

What happened

  1. 01Egged disqualified from NIS 500 million tender due to monopoly status.
  2. 02Competition Authority limits Egged's operations to 35 million km annually.
  3. 03Tender is part of a plan to split existing bus clusters.
  4. 04New operator must acquire 207 modern buses, including electric models.
  5. 05Transition to new operator expected within 12-18 months.
Translated and summarized by baba from Ice, the latest report. Read Ice’s original

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