Israel-Gaza War, Cost of Living

Economy Minister Barkat Threatens to Put Food Companies Raising Prices on Name-and-Shame "Black List"

Among his threats were possibly regulatory and antitrust moves as well as expedited legislation to deal with the rising cost of living.

Raising prices a "spit in the face of the consumer public." Economy MInister Barkat. (Photo: Yonatan Sindel/Flash90)

Economy Minister Nir Barkat sent a letter today (Wednesday) that he would put companies raising prices on a public "black list," where he would name and shame and also seek out other tools to punish companies who he said "spit in the face of the consumer public" if they did not stop the price increase, according to a report by Globes.

In the letter, Barkat said that "in this time, we would expect of you, voluntarily, to carry the weight, to shoulder the burden and help out. Solidarity is the life's blood of Israeli society and you are not exempt from it."

A source in the food industry told Globes that "the minister's conduct is more reminiscent of a price commissar in a communist economy than the hero of the free market. Instead of taking responsibility for the cost of living, which derives from many factors like a high VAT, needless regulation, and the like - he attacks private and public companies and contributes to an atmosphere of populism and incitement."

0 Comments

Do not send comments that include inflammatory words, defamation, and content that exceeds the limit of good taste.

Israel-Gaza War

Defense Minister discusses preparations for evacuating civilians ahead of Rafah operation

Per the statement, these preparations are part of the cabinet decision to clear the way for an IDF ground operation.

Avi Woolf | 18:10

Israel-Gaza War, Northern Front

Watch: IDF strikes additional Hezbollah targets in southern Lebanon

The IDF struck a number of positions and structures belonging to Hezbollah in southern Lebanon.

Avi Woolf | 11:46

Israel-Gaza War

IDF to call up two reserve brigades for "operational missions" in the Gaza Sector in the next few days

This announcement comes after the IDF had previously removed almost all its maneuvering forces from the Gaza Strip itself.

Avi Woolf | 14.04.24

Israel-Gaza War

Watch: IDF paves causeway across Wadi Gaza river, better connecting IDF operations in north and southern Gaza 

IDF forces used this and other pathways to conduct a brigade-level raid on terrorist infrastructures in the central Gaza Strip.

Avi Woolf | 14.04.24

Israel-Gaza War, Germany

German State Secretary of Defense meets Israeli counterpart to discuss war, Arrow 3 deal

Benedikt Zimmer visited Israel as a guest of Defense Ministry Director-General Eyal Zamir, where they discussed matters of interest to both nations.

Avi Woolf | 11.04.24

Israel-Gaza War, Northern Front

Watch: IDF strikes Hezbollah military compound

The IDF struck three Hezbollah military compounds in the areas of Meiss el Jabal, Yarine, and Khiam.

Avi Woolf | 11.04.24

Israel-Gaza War, Humanitarian Aid

Without UNRWA? IDF meets with humanitarian organizations to help coordinate aid to Gaza

The meeting marks part of Israel's efforts to better coordinate with humanitarian organizations to avoid incidents such as the one in which the IDF mistakenly struck a World Central Kitchen convoy.

Avi Woolf | 11.04.24

Israel-Gaza War

Released for publication: IDF launches operation in central Gaza Strip

The 162nd Division launched an operation last night directed at the Nuseirat refugee camp in the central Gaza Strip, an area that has not seen ground forces since the beginning of the war.

Liran Vainshtain, JFeed Staff | 11.04.24

Israel, Iran

Netanyahu: "We are prepared for scenarios of challenges from other theaters"

The Prime Minister spoke of Israel's "defensive and offense capabilities" when visiting the Tel Nof air base.

Bentzi Rubin, JFeed Staff | 11.04.24

Israel-Gaza War, Northern Front

Watch: Israel strikes Hezbollah targets in southern Lebanon

The IDF's targets included a Hezbollah military structure and additional terror infrastructure.

Avi Woolf | 10.04.24

Israel-Gaza War

Report: Netanyahu and Gallant not updated before strike on Haniyeh's sons

The defense establishment reportedly received the information in realtime and did not want to miss the operational opportunity to hit these high-value targets.

JFeed Staff | 10.04.24

Hezbollah, Energy Ministry

Energy Minister tries to calm fears about extended blackouts in war with Hezbollah

Cohen: "There's no reason to panic, the rumors are baseless."

Bentzi Rubin, JFeed Staff | 10.04.24