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ARTICLE · 03 SEPTEMBER 2024

Market Intelligence Thought Leadership Award Winner

The Turkish Competition Board's Ferrero Decision: A Closer Look To Commitments In The Hazelnut Market

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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Turkish Competition Board (the "Board") issued its decision ("Decision") regarding the investigation launched against Ferrero Fındık İthalat İhracat ve Tic. AŞ ("Ferrero Fındık")...

TurkeyAntitrust/Competition Law
Gönenç Gürkaynak
Gönenç Gürkaynak
Dilara Yeşilyaprak
Dilara Yeşilyaprak
Gökçe Karakaya
Gökçe Karakaya
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  1. Introduction

Turkish Competition Board (the “Board”) issued its decision1 (“Decision”) regarding the investigation launched against Ferrero Fındık İthalat İhracat ve Tic. AŞ (“Ferrero Fındık”) based on the allegation that Ferrero has violated Article 4 and 6 of Law No. 4054 on the Protection of Competition (“Law No. 4054”). The investigation was terminated upon the commitments proposed by Ferrero. Below we provide a brief overview of the competitive concerns discussed and commitments proposed.

  1. Background Information on the Investigation

The Board initiated a preliminary investigation upon the complaint that Ferrero International S.A. (“Ferrero”) and its subsidiaries violated Law No. 4054 through their activities across all levels from production to purchase, chopping, and export stages in the hazelnut sector.2 Allegations raised via the complaint included, inter alia, the following:

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