Categories: Economy

3 million TL fine from the Competition Authority to the home appliance company

3 million TL fine from the Competition Authority to the home appliance company

The Competition Board, the limited company that operates as a manufacturer and retailer of products such as appliances, cookware and souvenirs; On June 23, it launched an investigation into allegations that its dealers interfered with resale prices and banned dealers from online sales.

The conciliation request, which accepted the violations subject to investigation by the company, was submitted to the Competition Authority. As a result of the investigation conducted by the experts of the Competition Board, it was decided that the company violated Article 4 of the ‘Competition Protection Law’ by restricting competition in the market, and a fine of 4 million was imposed. 13 thousand 24 TL. imposed.

As a result of the conciliation procedure, it was decided to reduce the administrative fine by 25 percent and end the investigation with a fine of 3 million 9 thousand 768 TL. (DHA)

Source: Sozcu

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