How a Tycoon Turned Israel’s Natural-gas Industry Into a Monopoly

Yitzhak Tshuva and his U.S. partner Noble Energy have turned into a monopoly not because of an aggressive takeover. They’re simply the only ones finding gas.

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This story has been told a number of times, but the decision by Antitrust Commissioner David Gilo two weeks ago to retreat from the agreement that would perpetuate Yitzhak Tshuva and Noble Energy's monopoly...