Prime Minister Benjamin Netanyahu told the Knesset, "I am a strong believer in reforms that will break up monopolies."
"I state: no strike will deter us. I think that it is proper, essential, and just to consolidate the Israeli economy to meet the needs for the building of our sovereign and protective power. It is impossible to build a strong economy without increasing competition," said Prime Minister Benjamin Netanyahu in a speech at the Knesset podium to mark Herzl Day. "After the cellular and Open Skies, next week, we will submit reforms to lower the price of cars in Israel, followed by a huge reform of Israel's seaports, and we will then lower prices on a range of goods."
Netanyahu added, "Less competition and greater centralization favors small groups. Competition is bad for the special interests, which are always strong. For the good of the nation, I am a strong believer in reforms that will break up monopolies, and we want to act in this direction, even if a little late. We intend to pursue big reforms and increase competition in the economy."
Published by Globes [online], Israel business news - www.globes-online.com - on April 24, 2013
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013