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Food News


THIS SECTION IS FOR NEWS AND INTERESTING STORIES RELATED TO FOOD, NUTRITION AND FOOD PROCESSING. THEY ARE NOT NECESSARILY RELATED TO KOSHER BUT MAY BE OF INTEREST TO THE KOSHER CONSUMER, MANUFACTURER OR MASHGIACH.

Tnuva Fined 25 Million Shekels For Price Fixing

October 22, 2017 from YeshivaWorld:

"Israel’s Antitrust Authority has been investigating Tnuva and concluded the dairy conglomerate is guilty of price fixing, slapping a 25 million shekel fine on the company, which is now partially owned by China. In addition, two senior company executives were fines personally, 75,000 each."
"Tnuva, which dominates the Israeli dairy market, prohibited supermarkets from selling other dairy good for less than their comparable Tnuva product or face a Tnuva boycott. The Antitrust Authority gathered sufficient evidence to announce the clandestine investigation and fine those responsible."
"In a recent and related story, there has been somewhat of a product war with some products from the Tara Dairy as the latter is slowly moving over to the hashgacha of Badatz Eida Chareidis, making those products more desirable in chareidi areas. Tara has begun significantly undercutting Tnuva prices to gain a market share among chareidim, selling in most stores for less than their Tnuva-comparable item."

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The information posted is from secondary sources. We cannot take responsibility for the accuracy of the information.
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