Competition Authority News
The Turkish regulatory body responsible for enforcing competition laws and investigating market practices.
Turkey: 40 arrested in probe into inflated fruit and vegetable prices
An investigation into alleged price gouging in the fresh fruit and vegetable market has resulted in the arrest of 40 suspects. The suspects were referred to the judiciary and subsequently ordered to be detained.
BİM fined 50.4M TL by Competition Authority
BİM has reached a settlement with the Competition Authority regarding two investigations. While one investigation found no violation, the other resulted in a 67.2 million TL administrative fine, which will be reduced to 50.4 million TL with a 25% early payment discount.
Turkey Probes 18 Plant Protection Firms for Antitrust Violations
Turkey's Competition Authority has launched an investigation into 18 companies operating in the plant protection and nutrition products market. The probe is reportedly focused on allegations of sensitive information exchange.
The Turkish regulatory body responsible for enforcing competition laws and investigating market practices.