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ARTICLE · 12 FEBRUARY 2024

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Turkish Competition Board Concluded The Investigation Against Gerçek Kozmetik By Applying Both The Settlement And Commitment Mechanisms Simultaneously

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

ELIG Gürkaynak Attorneys-at-Law

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This case summary includes an analysis of the Turkish Competition Board's Gerçek Kozmetik Turizm San. ve Tic. Ltd. Şti. decision, where the Board concluded the investigation initiated upon Gerçek Kozmetik ...

TurkeyAntitrust/Competition Law
Gönenç Gürkaynak
Gönenç Gürkaynak
Ebru İnce
Ebru İnce
A. Göktuğ Selvitopu
A. Göktuğ Selvitopu
Evgeniya Deveci
Evgeniya Deveci
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This case summary includes an analysis of the Turkish Competition Board's ("Board") Gerçek Kozmetik Turizm San. ve Tic. Ltd. Şti. ("Gerçek Kozmetik") decision1, where the Board concluded the investigation initiated upon Gerçek Kozmetik through utilization of both the settlement and the commitment mechanisms simultaneously2.

I. Background Information

a. Scope of the Investigation

With its decision dated 22.12.2022 and numbered 22-56/875-M(5) ("Decision"), the Turkish Competition Authority ("Authority") initiated an investigation upon Gerçek Kozmetik to determine whether it violated Article 4 of the Law No. 4054 on the Protection of Competition ("Law No. 4054")3 through resale price maintenance ("RPM") and restriction of online sales.

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