Antitrust wants new pact between suppliers and supermarkets
The Antitrust Authority is considering formulating a new agreement between supermarket chains and their suppliers to replace the existing regulations, which date from 2005.
The present rules are based on an agreement reached by the parties. But since then, things have changed, as food manufacturers have asked the authority to declare Super-Sol, Israel's largest supermarket chain, a monopoly.
In addition, earlier this week, the authority indicted Super-Sol CEO Efraim Rosenhaus and Eli Gidor, its vice president of trade and marketing. They stand accused of violating the terms of Super-Sol's merger with Clubmarket and attempting to breach the agreement with suppliers. The authority has asked small and medium-sized suppliers to comment on the matter.
Super-Sol was working on a new pact, but told suppliers that after the indictments were filed, it was postponing any changes.