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Competition Authority: New CEO Facing Great Challenges - Walla! Money

2022-01-02T09:06:01.005Z


The election was preceded by a decision to select a candidate from the PA, who is faced with several urgent tasks. It now remains to be seen how Adv. Michal Cohen will handle a series of urgent tasks


Competition Authority: New CEO Facing Great Challenges

At the last moment of 2021, the Minister of Economy elected a new director for the Competition Authority, Adv. Michal Cohen, who was the acting head of the previous authority.

Cohen faces some urgent tasks, but perhaps the most urgent of them is to disengage from investigative investigations and focus on real action.

Walla!

Of money

02/01/2022

Sunday, 02 January 2022, 09:19 Updated: 10:52

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At the last minute of 2021, chose Server economy, Orna Barbivai Michal Cohen, replacing the head of a competition authority earlier, Michel Halperin.



A search committee established to staffing officers tested 14 candidates on Thursday, the Commission sent two finalists as a recommendation to the Commissioner for competition authority: Advocate " D. Michal Cohen and Dr. Oren Regby.



As stated, after personal meetings with the two final candidates, Barbibai decided that Adv. Michal Cohen would be the one to be recommended to the government for her appointment as head of the Competition Authority.

The appointment is expected to be approved at a cabinet meeting.

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Adv. Michal Cohen, moves from acting position to head of the Competition Authority (Photo: Competition Authority website)

Michal Cohen, a law degree with honors from Tel Aviv University and a graduate program in addition to taking a BA in Economics with honors from Tel Aviv University. MA in Research in Economics and Law, with honors, program ERASMUS University compultense Madrid.



Since 2006 serves Cohen roles in legal competition authority Served as Deputy Attorney General (Criminal), Senior Deputy Attorney General (Civil), Legal Adviser and in August 2021 serves as Deputy Commissioner for Competition.



Economy and Industry Minister Orna Barbibai

: Against harm from business entities and encourage economic growth in the economy. I expect the Authority to increase supervision and enforcement as a leading professional in the field of competition, and to act as an independent and proactive body in any case of concern for harm to competition and the consumer.



Attorney Michal Cohen has the full qualifications to head the authority and she was selected at the end of an in-depth process carried out by the search committee headed by the Director General of the Ministry of Economy and Industry, Dr. Ron Malka.



"Adv. Cohen will receive full backing in the performance of her duties and I wish her great success. Thank you to the committee members who spared no effort in the search process and to all the candidates who submitted their candidacies. The decision to appoint Adv.

Rami Levy at a hearing in which he was removed from the Economics Committee, prior to his interrogation by the PA.

It is doubtful whether Michal Cohen will be able to prioritize action over populism (Photo: image processing, Yonatan Zindel)

The Urgent Mission: War on Monopolies

The Competition Authority, until recently a gray authority in the Ministry of Economy, has become a household name due to the retailers' investigation, and some manufacturers and importers on suspicion of price coordination.



In this context, we witnessed a parade of senior figures in the world of food, imports and retail on their way to being questioned at the PA offices.

But the news emerges that a bit like summoning senior retailers to a shaming ceremony at the Knesset's Economics Committee, there was more desire here to show action than real action.



Although senior PA officials spoke at the time about the alleged "solid evidence", so far no results have been known, while commercial entities on the face of it appear to be a monopoly, are not declared as such and raise prices as they please.



Therefore, Adv. Cohen's first task in her role as head of the Competition Authority will be to break away from the populism that characterized the practice in the second half of 2021 (after a period of insufficient action, which was also addressed in the State Comptroller's report) and start promoting competition for the general public.

  • Of money

  • consumption

Tags

  • Cost of living

  • Antitrust Commissioner

  • Orna Barbibai

  • Retail

  • Ministry of Economy

Source: walla

All business articles on 2022-01-02

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