Analysis: The Balance of Power Never Shifts at Israel Electric Corporation

Executives and employees at IEC may have shot themselves in the foot last week and angered the public, but their monopolistic status will remain with us for a very long time.

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We didn’t need the power outages after last week’s storms to know that the Israel Electric Corporation (IEC) embodies some of the worst traits of the Israeli economy, public sector and labor market. We didn’t...