Clash of the Titans: Rami Levy and 'Victory' Owner Clash in Court

Rami Levy testified at the Lod District Court in the price-fixing case of Eyal Raviv, owner of Victory. Levy criticized the media discourse Raviv created regarding price increases, saying it legitimizes raising prices. The hearings continue.

Rami Levy, owner of the Shufersal chain, testified at the Lod District Court in the price-fixing case involving Eyal Raviv, owner of Victory, Yochananof, and Super Bareket. Levy criticized the media discourse Raviv created ahead of a possible price increase, stating that talking in the media about price increases legitimizes those who want to raise prices. In his testimony, Levy also referred to a post Raviv wrote in 2021 about a 'tsunami of prices,' arguing that such a statement justifies price increases. During cross-examination, Raviv's attorney, Nati Shmuhoni, tried to show that Levy had also spoken to the media on the matter, but Levy denied it. The article notes that despite the recordings, the Competition Authority will need to establish a criminal foundation, and the maximum penalty for price-fixing is five years in prison.