Turkish Competition Board fines Association of Turkish Travel Agencies

Turkish Competition Authority decided that Association of Turkish Travel Agencies infringed Article 4 of the Competition Act No.4054 prohibiting anti-competitive agreements, concerted practices and decisions by requiring travel agencies organising hajj and umrah to purchase compulsory package tour insurance policy from an undertaking owned by the Association of Turkish Travel Agencies. As a result, Association of Turkish Travel Agencies was fined TL 521,679.18. The press release dated 18.10.2018 regarding the decision of Turkish Competition Board, dated 17.10.2018 and numbered 18-39/631-306, is available via http://www.rekabet.gov.tr/tr/Guncel/turkiye-seyahat-acentalari-birligi-tursa-3dede0e7c4d2e81180e600505694b4c6