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ARTICLE · 28 MAY 2020

Turkish Competition Authority Has Been Chasing Undertakings Charging Excessive Price

Turkish Competition Authority Has Been Chasing Undertaking Charging Excessive Price COVID-19 pandemic, which has caused a worldwide health crisis...

TurkeyAntitrust/Competition Law

COVID-19 pandemic, which has caused a worldwide health crisis, is shaking markets all over the world including our country and disrupting the supply chains. Governments, undertakings and consumers are seeking ways to get rid of the negative effects of the COVID-19.

Turkish Competition Authority ("Authority"), which investigates entire markets in Turkey, if there are competition problems, and protect consumers from unfair trading practices one of undertakings and consumers, announced the excessive price investigation decision ("Decision") of Turkish Competition Board ("Board") on 7th of May, 2020. This Decision was initiated on 29 undertakings including chain markets, in order to determine whether they have violated the Law on the Protection of Competition No. 4054.

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