Fine of 108.6 million TL from the Competition Authority to 9 companies in the cosmetic sector

Fine of 108.6 million TL from the Competition Authority to 9 companies in the cosmetic sector

The Competition Authority considered it appropriate to impose a total administrative fine of 108 million 566 thousand 510 liras on 9 companies in the cosmetics and personal care products sector for violating competition rules.

According to the Competition Authority’s statement, the Board concluded its investigations into the cosmetics and personal care products industry with an undertaking.

In this context, Ayaz and Partners Ltd. Limited. It was decided that the investigation into alleged participation in the “collection and distribution cartel” would conclude with a commitment and an administrative fine of 1 million 83 thousand 338 lira would be imposed on the company.

It was decided to impose an administrative fine of 184 thousand 676 liras on SB Grup Kozmetik AŞ for the same reason.

It was considered appropriate to end the investigation against Rebul JCR Kozmetik Pazarlama AŞ, due to the accusation that it determined the sales prices of its resellers, with a commitment and impose an administrative fine of 5 million 357 thousand 951 liras on the company.

The investigation into allegations that sellers fixed resale prices and restricted Internet sales concluded with an undertaking in terms of conduct aimed at restricting Internet sales and a settlement in terms of the resellers’ claim to fix resale prices .

SANCTIONS RECEIVED BY COMPANIES

In this context, 1 million 217 thousand 437 liras to Easyvit Sağlık Ürünleri Sanayi AŞ, ELCA Kozmetik Ltd. 7 million 909 thousand 454 liras to Farmatek İç ve Dış Tic. 2 million 716 thousand 257 liras to AŞ, Glohe Herbal Products San. and Tic. 925 thousand 806 liras to AŞ, Sistem Kozmetik San. and Tic. Limited. It was decided to impose an administrative fine of 1 million 784 thousand 584 liras on Şti.

Company L’Oreal Türkiye Kozmetik San. and Tic. AŞ imposed a fine of 87 million 387 thousand liras.

Thus, in the investigation, a total of 108 million 566 thousand 510 liras of administrative fines were imposed on 9 companies in the sector. (AA)

Internet money Health Industry Türkiye

Source: Sozcu

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