Israeli Competition Authority Seeks Maximum Fine of 121 Million Shekels Against El Al for Wartime Fares
Israel's Competition Authority announced plans to impose a 121 million shekel fine on El Al Israel Airlines for what it calls excessive and unfair ticket pricing during the Gaza war. The regulator reviewed fares between October 7, 2023 and May 2024, finding El Al acted as a monopoly on many routes and raised prices by an average of 16%, in some cas…