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The court decided to review Executive action against «Towy» for inflated prices for «cottage»

District court for the Central district accepted representative action against the company «Tnuva» to compensate for overly high prices for cottage cheese («cottage») using its position of a monopolist.

According to the statement of claim, «Tnuva» violated the antitrust laws, prohibiting the use of monopoly to charge unfair prices. The plaintiffs demand compensation in the amount of NIS 125 million, or oblige the Corporation to sell «cottage» at the price below 5 shekels per jar for 39 months.

This is the second Executive action against «Towy» for overestimate of the prices adopted for consideration. The court had earlier accepted the claim for 1 billion shekels for overestimate of the prices for the cream and soft cheese.




The court decided to review Executive action against «Towy» for inflated prices for «cottage» 07.04.2016

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