Trustbuster Fines Steimatzky for Breaking Exclusivity Rules

CEO of Israel's largest bookstore chain, Iris Barel, also told to pay up.

Bookstore chain Steimatzky will be fined 1.5 million shekels ($434,900) after the antitrust commissioner found that the company demanded that publishers offer it exclusive sales on their products, contrary to the terms of a 1995 merger with another bookstore chain.