Israel’s Economy Minister Nir Barkat has called for a boycott of food giant Strauss over the company’s failure to meet its obligations to freeze prices amid a marked increase in the cost of living. The Strauss Group, which began as a small dairy producer in Nahariya in 1939, has grown to become one of Israel’s largest food manufacturers, employing approximately 12,000 workers, with 6,500 based in Israel.

Barkat criticized Strauss for continuing to raise prices while handing out hundreds of millions of dollars in profits to its shareholders. He stated that the company complains about financial difficulties but does not fulfill its promises to consumers. In response to this, Barkat announced the inclusion of a black sticker on products that had increased prices during the ongoing war without government approval, calling on consumers to boycott Strauss products.

The minister also called for a boycott of Osem, another food company, for similar reasons. He stressed the importance of punishing companies that take advantage of consumers in times of economic hardship such as war. By placing companies on the economic black/white list, the government aims to protect consumers from unfair price increases and hold companies accountable for their actions.

The Israeli government is taking a stand against companies that exploit consumers during tough times by including them on an economic blacklist. This move will help protect consumers from unjust price increases and hold companies responsible for their actions.

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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