Israel’s Economy Minister Urges Consumers to Boycott Food Companies that Raise Prices without Approval

Nir Barkat urges public to boycott Strauss, criticizing food giant – Israel News

In recent times, Economy Minister Nir Barkat has expressed his strong disapproval towards Strauss Group, urging consumers to boycott the company due to its failure to honor its commitment to freeze prices. The Strauss Group, founded in 1939 as a small dairy producer in Nahariya, has been a prominent food manufacturer in Israel with around 12,000 employees, half of whom are based in Israel. Despite its significance in the Israeli food industry, Barkat criticized the company for distributing hundreds of millions of dollars in profits to shareholders while claiming financial difficulties.

Barkat emphasized the importance of consumer protection regulation and announced that products that have raised prices without government approval would bear a black sticker. Additionally, he called for a boycott of Osem, another food company, as part of his efforts to protect consumers from rising prices. Companies placed on the economic blacklist/whitelist are subject to public scrutiny, and Barkat urged the Israeli public to hold accountable those who exploit them during times of peace and conflict. By choosing not to support companies on the blacklist, consumers can send a clear message against price hikes and unethical business practices.

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