Following a price battle with bookselling competitor Tzomet Sfarim, Israel’s Steimatzky Ltd. is said to be under investigation by the Antitrust Authority for possible violation of promises made when they merged with the Sifri bookstores. Israel’s Globes writes that “questioning under caution indicates that the Antitrust Authority believes that it has grounds for an indictment.” They report that “Steimatzky allegedly demanded exclusivity from publishers on books sold in sales campaigns, which would result in Steimatzky’s competitors being forced to sell the books at full price. An industry source said the case involves hundreds of titles.” Tzomet said it wouldn’t carry […]
