• Corpus ID: 54669326

Preliminary and incomplete The credit card industry in Israel

  title={Preliminary and incomplete The credit card industry in Israel},
  author={David Gilo and Yossi Spiegel},
Since 1998, the Israeli credit card industry was transformed from a duopoly with two credit card companies which offer proprietary cards to a triopoly with two large open systems, Visa and Mastercard, which are issued and acquired by each of the three credit card companies. Regulatory intervention by the Israeli Antitrust Authority (IAA) played a key role in bringing about this structural change. In this paper we first review the Israeli credit card industry and then discuss in detail the… 

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