Turkish Competition Board fines several undertakings operating in the retail market

Turkish Competition Board fined several retailers and a supplier as they infringed the Competition Act via a hub and spoke cartel. In this context, following fines were imposed; BİM Birleşik Mağazalar A.Ş. TL 958,129,194.39; CarrefourSA Carrefour Sabancı Ticaret Merkezi A.Ş. TL 142,469,772.07; Migros Ticaret A.Ş. TL 517,672,762.75; Savola Gıda ve San. Tic. A.Ş. TL 22,210,998.63; Şok Marketler Ticaret A.Ş. TL 384,369,037.15 and Yeni Mağazacılık A.Ş. TL 646,582,329.39. In addition, the supplier Savola Gıda ve San. Tic. A.Ş. was imposed an additional TL 11,105,499.32 due to RPM. The press release dated 29.10.2021 about the decision of the Turkish Competition Board, dated 28.10.2021 and numbered 21-53/747-360, is available via https://www.rekabet.gov.tr/tr/Guncel/perakende-gida-ve-temizlik-urunleri-tica-ef88b6d47e38ec118144005056b1ce21