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BREAKING NEWS

Bakers' cartel heads may get 5 year jail sentences

By JPOST.COM STAFF

MAY 25, 2010 09:51

Executives from bread companies under investigation for price-fixing may serve prison terms of up to five years, company representatives told Army Radio on Tuesday.

The Angel, Berman and Davidovitch companies are represented in the case brought forward by the Antitrust Authority.

On Monday, Tel Aviv Magistrates Court extended the remand of CEO Yaron Angel of Angel Bakeries and CEO Yehuda Shnidman of Berman Bakery until Wednesday.

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