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Tea time: Vysotsky in moves to become a monopoly in the field | Israel today

2022-09-20T17:51:33.195Z


The competition commissioner informed the Vysotsky company that it is considering declaring it a monopoly • "Many prohibitions will apply to the company"


Today, the Commissioner of Competition informed the Wysotsky Tea Company (Israel) Ltd. that it is considering using the authority given to it and declaring the tea company a monopoly in the supply of tea bags in the retail sector in the green tea market, the herbal infusion market, the black tea market and the flavored black tea market .       

Vysotsky

Monopoly owner, photo: Itiel Zion

The competition authority's inspection allegedly revealed that Vysotsky's share exceeds half of all supplies in the retail sector in the markets in question.

In addition, there is evidence that Vysotsky holds significant market power in these markets and in the black tea market. 

As of today, Vysotsky is not a "large supplier", as the term is defined in the law for the promotion of competition in the food industry, and therefore none of the obligations imposed on large suppliers by virtue of this law apply to it.


To the extent that Vysotsky is declared a monopoly, additional prohibitions will apply to Vysotsky by virtue of their determination in the Food Law, such as a prohibition to interfere in the arrangement of shelves in marketing chains, a prohibition on conditioning the sale of a certain product on the purchase of another product, a general prohibition on any type of intervention in the price of the product to the final customer in the chains and other restrictions appearing in the Food Law.

The declaration of Vysotsky as a monopoly is subject to a hearing before the competition commissioner.

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Source: israelhayom

All news articles on 2022-09-20

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