28-05-2014 02:28 AM | Israel

Israel expands controls on dairy prices

The government on Tuesday announced it is expanding price controls on dairy products to include milk sold in 1.5-liter and two-liter containers as well as butter sold in 200 gram-packages, white yogurts and 15%-fat sour cream.

In addition, manufacturers will no longer be able to charge more for products that are packaged differently but are essentially the same as price-controlled products.

The new rules, issued by the Agriculture and Rural Development Ministry’s pricing committee and its supervisor of prices, go into effect August 1. They will for the first time encompass Israel’s No. 2 and 3 dairy companies, Strauss and Tara, in addition to their bigger rival, Tnuva.
Full Story : Haaretz