Monopoly

The Competition Authority intends to declare Carmel Winery a monopoly in the grape juice and Kiddush wine market. The company has agreed to comply with major supplier regulations pending a Supreme Court ruling.

Strauss CEO Shai Babad boasted of profits in the hundreds of millions of shekels, but consumers are outraged by price hikes while global raw material costs are plummeting, and a public lobby organization is promoting action.

Naftali Bennett, chairman of the Beyachad party, has launched a fierce attack on the food giant Tnuva. He vowed to dismantle the company's monopolies and reduce food prices by at least 30%.

The Committee for the Reduction of Concentration has voted against the Shapir Group's acquisition of the Ashdod Oil Refinery (Bazash), citing concerns over excessive economic concentration.