As part of the sentence, Tnuva had to compensate the public with approximately 20 million shekels after the Central Lod District Court determined that the dairy products giant recorded an “unfair profit” of approximately 16 million shekels over the course of two and a half years for deliberate and continuous increases in cottage prices ‘. Judge Ester Shtamer accepted the lawsuit that was submitted and said that: “This is a precedent lawsuit, on an issue that has not yet been decided in Israel, that raised a complex legal question that has not yet been decided in Israel.”
More in-
In the ruling, the Supreme Court ruled that the district court did not specify clear data on Tnuva’s prices for the cottage, nor did it specify the price that would have been determined under competition conditions. In addition, the fact that the consumers chose to purchase a Tnuva cottage during the lawsuit period was emphasized, even though they could have purchased a cottage from other competitors who supplied approximately 30 percent of the cottages on the market.