Dror Strum

Dror Strum

CEO

Dror Strum, former Commissioner of the Israel Antitrust Authority (the Competition Authority), specializes in the areas of Economic Policy, Competition, Open Markets and Economic regulation on cartels, monopolies and other antitrust issues.

Mr. Strum is a Law Graduate (Cum Laude) from Tel Aviv University. He started his legal work at the law firm of former Minister of Justice, Haim Zadok & Co., as associate and partner. His work in the private sector focused on Contracts and Corporate Law, Intellectual Property, Administrative and Antitrust Law. He engaged in complex litigation, including appearing before the Court of Restrictive Trade Practices and the Supreme Court.

In 1997, Mr. Strum joined the Israel Antitrust Authority(established only two years before), as its Chief Legal Counsel and as Head of the Legal Department. In this role, Mr. Strum actively engaged in the investigations of cartels and monopolies and bringing them to justice.

In 2001, Mr. Strum was appointed as the Commissioner of the Israel Antitrust Authority. In this capacity, he was intensively involved in the design of Israel's competition policy and regulations, as well as in major reforms in the Israel economy: in Capital Markets, Telecom, Transportation, Energy and Infrastructures, including the entrance of cable companies to telephony - in competition with Bezeq Monopoly, and the splitting of the BAZAN monopoly over refining. He also participated in the Bachar Reform that separated the provident funds from the banks. During his term, Mr. Strum laid the foundations for modern regulation, and implementing effective enforcement policy as a precondition for free market activity.

Mr. Strum was a member of various public committees, including The Bachar Committee, The Ariav Committee, The Kuchik Committee, The Trajtenberg Committee and The Governance Committee.

In June 2015, Mr. Strum was appointed by the Minister of Finance and the Governor of the Bank of Israel as head of the Committee for Increasing Competition in the Israeli Banking System.The Committee's recommendations were published in September 2016, and in 2017,the Knesset enacted the law implementing the Committee's recommendations.

Dror has been the IEP's CEO since its establishment in 2006.