Israel Antitrust Authority Warns It Will Bar Sale of Mega Supermarket Chain to Rami Levy

Officials fear takeover would give discount retailer too much power, but Levy says he would bring low prices to Mega stores.

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The Israel Antitrust Authority warned Monday it would almost certainly block the discount supermarket chain Rami Levy from acquiring food retailer Mega from court-appointed receivers. Levy, the CEO of the...