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Israel Antitrust Authority Fines El Al $29 Million for Abusing Monopoly
Israel's Antitrust Authority intends to fine El Al approximately 109.6 million shekels for abusing its monopoly status by blocking competitor Arkia's access to maintenance hangars during the "Iron Swords" conflict. Two senior executives also face personal fines.
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What happened
- 01El Al faces a potential 109.6 million shekel fine from Israel's Antitrust Authority.
- 02The airline is accused of abusing its monopoly to block competitor Arkia's hangar access.
- 03Two senior El Al executives may also be fined between 449,000 and 548,000 shekels.
- 04The alleged actions occurred during the "Iron Swords" conflict starting in August 2024.
- 05El Al denies the accusations and claims full legal compliance.
- 06A final ruling will follow competitive hearings.
El Al denies the charges, and a final decision awaits hearings.
The coverage
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