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Economy20:02 · 1h ago

Supermarket Chain Oshrat Ed Faces Multi-Million Shekel Lawsuit Over Pricing

By כיכר השבת
Translated & summarized from Kikar HaShabbat by baba
The story · English

The Tel Aviv Magistrate's Court has approved a request to proceed with a class-action lawsuit seeking millions of shekels against the supermarket chain Oshrat Ed. The lawsuit, initially filed several years ago, alleges that the company failed to properly display prices on its products.

The court's decision does not confirm the allegations but allows the case to move forward as a representative action, meaning it can be pursued on behalf of all affected consumers. Oshrat Ed has responded by stating that while they respect the court's decision, this is merely an approval to proceed with the class-action status and not a ruling on the merits of the case itself.

The company argued that the class-action mechanism, intended to protect consumers, is often misused as a tool for financial pressure on businesses. Oshrat Ed maintains that consumer interests were not harmed and that product prices were clearly and accessibly displayed to customers.

They further stated their intention to demonstrate in the ongoing legal proceedings that their conduct was based on a legal interpretation of regulations and their application across their branches. Oshrat Ed plans to continue presenting its position and arguments to the court.

Read the original at Kikar HaShabbat
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