Lack of competition led to rise in food prices in Israel: Report
date:Jun 06, 2012
The Kedmi Committee, which is headed by Industry, Trade and Labor Ministry director-general Sharon Kedmi, was set up by the government one year ago, after consumer criticism over dairy manufacturers.
The report revealed that in 2005, local food prices in Israel were 10% to 20% cheaper than in other member economies of the Organisation for Economic Cooperation and Development; however, by 2010 they were 10% to 20% higher.
An evaluation of 22 categories of food product showed that in 2010, Israel
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