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25th Knesset · outgoing

Companies Law (Amendment – Publication of a Monopoly's Financial Statements) Bill

Translated from Hebrew: הצעת חוק החברות (תיקון - פרסום דוחות כספיים של מונופול)

TL;DRA proposal to require monopoly companies to publish financial statements to the public on their website.

Translated from Hebrew

What does the bill do?

The bill amends the Companies Law to impose on a company that is a monopoly (as defined in the Restrictive Trade Practices Law) an obligation to publish its financial statements to the public. The publication will be made on the company's website, thereby giving the public and the media the ability to scrutinize the monopoly's financial and business conduct. The bill reflects a concern that some monopoly companies in Israel are not traded on the stock exchange and are therefore not currently required to publish financial statements.

Rejected at preliminary readingFirst plenum vote: May 17, 2023

The votes on this bill

Rejected42 for · 48 against · 0 abstained · 30 did not vote
Source: the Knesset's vote record ↗

Coalition 64 seats

LikudAgainst 26 · Absent 6
ShasAgainst 9 · Absent 2
United Torah JudaismAgainst 6 · Absent 1
NoamAbsent 1

Opposition 56 seats

Yesh AtidFor 21 · Absent 3
Yisrael BeytenuFor 5 · Absent 1
Ra'amFor 1 · Absent 4
LaborFor 4

Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown

Other bills with a similar name · 2Separate bills (usually different amendments to the same law) - not readings of this bill.