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ARTICLE · 05 APRIL 2021

Incomplete And Late Responses To Information Request Results In Not One, But Two Separate Sanctions For Third Party

ELIG Gürkaynak Attorneys-at-Law
ELIG Gürkaynak Attorneys-at-Law
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ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law is an eminent, independent Turkish law firm based in Istanbul. The...

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The Competition Board initiated an investigation (with its decisions dated May 7, 2020 and numbered 20-23/299-M and June 18, 2020 and numbered 20-29/378-M) against a number of undertakings operating in the anti-viral face mask industry...

TurkeyAntitrust/Competition Law

The Competition Board initiated an investigation (with its decisions dated May 7, 2020 and numbered 20-23/299-M and June 18, 2020 and numbered 20-29/378-M) against a number of undertakings operating in the anti-viral face mask industry, based on the allegations concerning excessive price increases for the anti-viral face masks during the COVID-19 outbreak ("Face Mask Investigation").

Having analyzed all the information submitted by the investigated parties, as well as the relevant third parties, the Board concluded that there is no need to impose monetary fines to the relevant undertakings and referred the matter to the Ministry of Treasury and Finance and the Unfair Price Assessment Board.1

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