Union Working With Industry to Keep a Lid on Prices

Histadrut Chairman Ofer Eini says he will work together with private employers to lower prices to benefit consumers and producers.

The Histadrut labor federation is working with private employers on a plan to rein in the prices of dozens of items, Histadrut Chairman Ofer Eini said yesterday.

Eini said he would meet with the chairman of the Coordinating Office of the Federation of Israeli Economic Organizations, Shraga Brosh, and a number of industry representatives in an effort to come up with a proposal to benefit consumers and producers while not affecting job security. Eini expressed disappointment that the finance and industry ministers had not yet taken up his suggestion to get involved in the effort.

In other developments, the inter-ministerial committee looking into competition and prices, particularly of food, held its first session yesterday. The members resolved to consider regulatory issues, economic concentration, bureaucracy and other factors that may influence food prices. It will also examine the possible effect of kashrut certification on food prices.