Connect with us

Hi, what are you looking for?

Jewish Business News


Unilever’s Israel offices raided in connection with a price rigging investigation


On Tuesday evening, Israel Competition Authority detectives stormed the offices of global food giant Unilever, three months after senior executives were questioned in connection with an ongoing price rigging investigation. Investigators took computers and other materials from the offices of Unilever.

The investigation into price manipulation in Israel’s retail food sector began in November 2021 with a raid on the offices of Shufersal and Strauss, seizing computers and records.

The investigation was open on the belief that Shufersal and Strauss fixed prices in violation of the Competition Law using media comments and financial reports.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

Six CEO’s were among those who have given evidence. The list have been included Rami Levi, Diplomat CEO Noam Weiman, Shufersal CEO Itzik Abercohen, Osher Ad controlling shareholder Aryeh Baum, Victory CEO and controlling shareholder Eyal Ravid, and Yochananof CEO Eitan Yochananof.

“Unilever always acts in accordance with the law and cooperates with the investigation in any way necessary,” Unilever stated.

Unilever has had a presence in Israel since 1938. Today, Unilever-Israel is a subsidiary of the global conglomerate but operates independently, marketing 85% of the company’s products through four manufacturing facilities located throughout the country.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.