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In bid to lower prices, Liberman said targeting ‘cynical’ supermarkets

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Finance Minister Avigdor Liberman is reportedly eyeing steps against “exploitive” supermarket chains in his bid to lower the prices of fresh produce for consumers.

Last week Liberman proposed a reform of the agriculture market, which was slammed by farmers who insisted it was supermarkets’ suppliers and the outlets themselves that were driving up costs.

And at a recent ministry meeting, Liberman appeared to agree, after being presented with figures on how much some chains have made in profits over the past year during the COVID-19 pandemic, Channel 12 News reported on Tuesday.

The figures showed that some larger chains’ profits have increased over the past year by 50 percent or more. While lockdowns and other restrictions such as distance learning for school children kept many people at home, increasing household food consumption, Liberman was said to still find the numbers unacceptable.

“These are unreasonable and........

© The Times of Israel

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