Two-Minute Recap Competition Law Matters In Türkiye

White Meat Producers are Fined for Sharing Competitively Sensitive Information

The Competition Board ("TCB") assessed whether undertakings in the white meat sector engaged in strategic information sharing that could affect competition. Similar infringements had previously been identified in 2009 and 2019, with corresponding penalties imposed. Following the latest investigation, administrative fines totaling approximately TRY 3.7 billion (approx. EUR 76 million) were imposed. Eight undertakings were fined for sharing competitively sensitive information, while five undertakings accepted the infringement under a settlement, received %25 reduced administrative fines. Behavioral remedies were also imposed, requiring undertakings to discontinue future-dated price lists and promptly communicate price changes to buyers.