Due Diligence Taking All the Fun Out of Being a Tycoon

Israel's Business Concentration Law could show the world how to cut big holding groups and oligopolies down to size – if it works.

Israel is a nation of startups churning out cutting-edge technology. It sailed through the global financial crisis with nary a bank bailout. Economic growth is brisk and unemployment is among the lowest in the developed world. The government has made great strides in deregulating the economy, lowering taxes and privatizing in recent years.