Israir, controlled by Rami Levy, has been offered the opportunity to acquire Arkia, Globes reports. The obstacle: Competition Authority approval. Adv. Hagai Doron, Head of Antitrust and Competition at S. Horowitz, expects a challenging merger that won’t pass easily. He says the Authority will examine how similar the airlines’ destinations and flights are, whether foreign carriers are a real alternative for Israeli travelers, and how to define the markets, and it may impose conditions. Read the full article in Globes.
