Turkish Competition Board initiates an investigation on undertakings operating in construction chemicals markets

The Turkish Competition Board initiated an investigation on various undertakings operating in the construction chemicals market to determine whether they had infringed Article 4 of the Competition Act No. 4054 prohibiting anti-competitive agreements and practices via agreements on price increases and pricing strategies; exchange of sensitive commercial information; bid rigging; agreements on no-poaching and wage fixing; RPM; restriction of internet sales and/or customer and territorial restrictions. The press release about the investigation is available via Rekabet Kurumu - Türkiye'de Yapı Kimyasalları Pazarlarında Faaliyet Gösteren Teşebbüsler Hakkında Soruşturma Açıldı.