Category: fixing
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Regulator indicts Victory, Yochananof CEOs over price fixing
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Today, the Israeli Competition Authority issued a first indictment, after investigating food prices, against the Tase: VCTR, Eyal Ravid, Yochaananof, Sons (Tase: Yhnf), owner and CEO Eitan Yochaanof, Elad Harazi and Super Bareket chief executive officer Ephraim Tshuva. The Competition Authority in Israel receives that they have made public statements,…
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Recruiting 5,000 new HMRC compliance officers just first step in fixing UK’s tax system, says Blick Rothenberg
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With just over three weeks to go until the Budget, the Government’s plan to recruit 5,000 new compliance officers into HMRC has been welcomed by leading audit, tax and business consultancy Blick Rothenberg. However, the company warns that these recruitment efforts are only a small step towards fixing deep-rooted problems…
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Regulator stopped from fixing car insurance prices
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The Court of Appeal has barred the Insurance Regulatory Authority from setting minimum premium rates for motor vehicle insurance, saving customers the cost of doubling their underwriting fees. The Court of Appeal found that the Individual Retirement Administration’s 2009 auto insurance guidelines, which set the minimum premium at seven per…
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Supermarket CEOs summoned to criminal hearing on price fixing
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The Israel Competition Authority announced today that Yochananov’s marketing chain owner and CEO Eitan Yochananov, his deputy Elad Harazi and Superbariket supermarket chain manager Ephraim Tshuva, will hold a pre-indictment hearing on suspicion of cartel arrangements. Yochananof’s group itself will also be given a hearing. In addition, the Israel Competition…