Türkiye’s competitors watchdog on Wednesday introduced it had levied an administrative wonderful of TL 628.3 million ($23.25 million) on 4 main electronics and white items corporations.
This penalty was imposed as a result of firm’s infringement of competitors safety legislation, the Competition Authority (RK) stated.
The fines got here following investigations geared toward establishing violations by these corporations for setting resale costs, the authority stated in an announcement on its web site.
Considering the proof gathered, statements made on the written and verbal protection assembly, and the scope of the file examined, the board evaluated that Arçelik Pazarlama had violated the competitors legislation, thereby resulting in an imposition of a TL 365.3 million wonderful.
The authority additionally imposed TL 227.1 million wonderful on Samsung Electronics Istanbul Marketing and Trade Limited Company, TL 1.9 million wonderful on SVS Durable Consumer Goods Marketing and Trade Limited Company, and TL 33.8 million on LG Electronics Ticaret Inc.
Source: www.dailysabah.com
