IsraelStrategist.com – The Resource on Israel's Economy, Companies & Markets


 
Hebrew French Spanish Portuguese

Globes: Dear Israel calls for consumer boycotts due to price hikes

Published on Oct 25 2012 // Business and Financial News, Economy

25 October 12 14:28–In response to the latest wave of price hikes on food items, the protest organization Dear Israel is calling on Israelis to expand the consumer boycott announced on October 14, and to reduce their purchases of products made by Israel’s large food companies, including Osem Investments Ltd. (TASE: OSEM), Strauss Group Ltd. (TASE:STRS), and Tnuva Food Industries Ltd.

“Only by working together will the public have the immense power to prevent the price hikes. Reduce consumption – that is the order of the day,” says Dear Israel on its website. “The boycotts will continue after November 1 until the reduction in consumption and the preference for alternative producers will cause the heads of the big corporations and the captains of the economy to realize that the Israeli public is fed up by the monopoly in the food industry, a control that not even the Israeli government has been able to deal with. The power and the right to strike are in our hands, vote with your pocketbook every time you go shopping.”

Dear Israel’s current list of products to be boycotted includes Osem snacks and ketchup, Heinz ketchup, Tnuva subsidiary Snowfrost frozen vegetables, and Sky white cheese made by Strauss…Read More>>

Leave a comment

You must be Logged in to post comment.