web analytics
April 25, 2015 / 6 Iyar, 5775
At a Glance
News & Views
Sponsored Post


Israel’s Cabinet Smashes Mega-Corporations

Israel’s cabinet on Sunday approved a plan to force some of Israel’s largest conglomerates to break up, in an attempt to drive competition and reduce the cost of living.

According to a report in the Chicago Tribune, Israel has one of the highest concentrations of corporate power in the developed world, with 10 of Israel’s largest business groups controlling a whopping 41 percent of public companies.

The new deal may force business conglomerates to choose between major financial or non-financial companies and will limit the number of tiers of their subsidiaries.

Companies will have four years to comply with the new regulations.

About the Author: Malkah Fleisher is a graduate of Cardozo Law School in New York City. She is an editor/staff writer at JewishPress.com and co-hosts a weekly Israeli FM radio show. Malkah lives with her husband and two children on the Mount of Olives in Jerusalem.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Israel’s Cabinet Smashes Mega-Corporations”

Comments are closed.

Current Top Story
Car - A-Tor
Updated: Three Injured in Jerusalem Terror Attack, Ambulances and Mayor’s Car also Attacked
Latest News Stories
Remains of the back window of the car driven in Mea Shearim by an officer of a Hareidi IDF unit.

The officer of a Hareidi IDF unit was in Mea Shearim to visit two of his soldiers whose families have social or financial problems.

Dead terrorist in Hebron

A soldier was stabbed, and a second soldier was nearly stabbed in separate attacks on Shabbat.

Car - A-Tor

Three police have been injured in Jerusalem after a car ran into them. The three were walking on the sidewalk when the car slammed into them. The vehicular attack happened on the “Cohen’s Path” near Beit Orot on the Mount of Olives. One is moderately injured with pelvic injuries, and the other two are lightly […]

Iranian-made UAV launched by Hezbollah to Israel last year.

The airstrip, 10 miles from the Syrian border, could be used for UAV missions against Syrian rebels. Israel also is in range.

Vying for dominance in the WZO election, are movements within our nation which seek to undermine and subvert Orthodox Judaism.

Shira Klein was seriously injured in the April 15th Jerusalem terror attack that killed Shalom Yochai Sherki.

Arab media said several bases with long-range missiles were attacked on Saturday and last Wednesday.

Israel is the 11th happiest nation among 156 countries in the annual World Happiness Report for a second year. USA ranks 15.

New York’s MTA plans to vote on a change to its rules it hopes would allow it to exclude the “Killing Jews” anti-jihad ad campaign.

Biden gleefully announced two of his three Catholic children married Jews – not thrilling his Jewish audience.

In Jerusalem, the bells from 18 churches in the Old City of Jerusalem rang 100 times on Thursday evening, April 23, to remember the Armenian Genocide.

The IDF has come up with an 81-second video showing 67 years of Israeli land, sea and ground soldiers in action.

Tennessee becomes the first state to formally condemn the BDS movement.

Snow fell in Tzfat (Safed) Friday morning, not enough to stick to the ground but enough to make residents wonder if they were dreaming or perhaps it is January. Several inches of snow fell on the Hermon as a rare mid-April storm faded away after blowing away Israelis’ Yom Ha’Atzmaut plans for cook-outs and hiking, […]

All polls show Clinton would win against any Republican, but has she peaked too soon?

Armenians marched with Armenian flags, signs, and torches from the Armenian Quarter of Old City as they mark the 100th anniversary of the Armenian Genocide, on April 23, 2015.

More Articles from Malkah Fleisher
Godzilla (R.)

A green bell pepper affectionately dubbed “Godzilla” by the children of Moshav Ein Yahav in the northern Arava desert has won a place in the Guinness Book of World Records.

Though the permissibility of watching hired sports players go to battle in a large stadium is a source of controversy amongst Torah observant Jews, the food being served at the upcoming Super Bowl games in New Orleans is not.

Rabbi Yitzchok Moully, youth director at the Chabad Jewish Center in Basking Ridge, New Jersey, will be introducing a new art installation in honor of Tu B’Shevat, the Jewish New Year of Trees, inspired by the destruction of Hurricane Sandy.

More than 2,000 people have made contributions in memory of the young victims of the school shooting in Newtown, Connecticut to plant a grove of trees in Israel.

Shoshana Hebshi, a half-Jewish, half-Arab woman from Ohio is suing Frontier Airlines, the FBI, TSA and other governmental agencies after she says she was forced off a flight, strip-searched, and imprisoned on the tenth anniversary of the World Trade Center attacks.

Women may enter military combat in the United States, following the lift of a military ban on women in combat by defense secretary Leon Panetta.

The Jewish National Fund will reconsider a plan to forest parts of the Arava desert, following the request of environmental organizations to consider the impact of trying to alter the native ecosystem.

Russian Foreign Minister Sergei Lavrov warned Israel and western countries not to attempt to stop Iran’s nuclear program through military means.

Printed from: http://www.jewishpress.com/news/breaking-news/israels-cabinet-smashes-mega-corporations/2012/04/23/

Scan this QR code to visit this page online: