Competition Authority completed 3 investigations

Three separate investigations conducted by the Competition Board against Korkmaz Kitchenware, Youth Household Appliances and Punto Durable Consumer Goods, and Miele Electrical Appliances and Natura Gıda concluded with one compromise.

According to the announcements on the website of the Competition Authority, Miele Elektrik Aletler Dış Ticaret ve Pazarlama Ltd. The investigation carried out to determine whether the sellers of the products supplied by Şti violated the Competition Protection Law by interfering with the price of sale has concluded.

It was decided to end the investigation with the acceptance of the conciliation text presented by the firm.

Although it was determined that the company violated the Law when determining the resale price in the field of vertical agreements, it was imposed an administrative fine of 1 million 134 thousand 186.44 liras on its gross income for the year 2021.

THE 3 COMPANIES REQUESTED CONCILIATION

Korkmaz San cookware. see tick AŞ, Gençler Ev Aletleri ve Gereçleri Pazarlama Tic. AŞ and Punto Imp. Durable Consumer Goods. ihr. Limited Trade. The investigation carried out to determine if Şti violated the aforementioned Law has also concluded.

It was decided to terminate the investigation with the acceptance of the conciliation text presented by the parties. The companies were found to have violated the Act in determining the selling price of their resellers. In this context, Gencler Ev Aletleri ve Gereçleri Pazarlama Tic. AŞ, 224 thousand 857.24 lire, Korkmaz Kitchenware San. see tick AŞ, 12 million 706 thousand 779.34 lire, Punto Durable Consumer Goods Imp. Ihr. Limited Trade. Şti was imposed an administrative fine of 71,949.8 lira.

OPERATES IN THE FAST CONSUMPTION SECTOR

The investigation conducted by Natura Gıda Sanayi ve Ticaret AŞ, which operates as a manufacturer and supplier in the FMCG sector, was also completed to determine whether it violates the relevant article of the Law when determining the resale price of its products.

It was decided to terminate the investigation with the acceptance of the compromise text presented by the party. Although it was determined that the company violated the Law by interfering in the resale prices of organized retailers, it was decided to impose an administrative fine of 5 million 431 thousand 289.02 liras on the gross income of the company for 2021 as a result of the procedure of compromise.

On the other hand, a 25 percent bonus is applied to the administrative fines imposed on companies as a result of the conciliation procedure, in accordance with the “Regulation on the Conciliation Procedure applicable in Investigations restrictive of competition, Proceedings and Concerted Decisions and Abuse”. of Dominant Position”. (AA)