The following excerpt is from the company's
Bezeq - The Israel Telecommunication Corp. Ltd. (the “Company”)
The Tel Aviv Stock Exchange
The Israeli Securities Authority
Immediate report - Class Action
On November 5, 2015, the Company received a class action certification motion that had been filed with the Central District Court.
In the motion, which was filed by two of the Company’s subscribers, it was alleged that the Company had taken advantage of its monopolistic status, among other ways, by “preventing and blocking the existence of competition in general, and the existence of effective competition in the Israeli commu nications market” thereby causing damage to the Israeli public and making unreasonable profit exclusively as a result of exploiting its power as a...