The investigation made to determine whether Erbak Uludağ Pazarlama Satış ve Dağıtım AŞ, which carries out activities in fast moving consumer goods sector as a producer/supplier, violated article 4 of the Act no 4054 on the Protection of Competition by means of determining the resale prices of its buyers has been concluded.

It has been decided that the investigation initiated per the Competition Board decision dated 05.05.2023 and numbered 23-20/384-M shall be terminated with the acceptance of the settlement text submitted by the party according to the Competition Board decision dated 05.10.2023 and no 23-47/897-317.

As known, within the scope of the settlement procedure, which was brought to competition law legislation as a result of the amendments made to article 43(5) of the Act no 4054 on the Protection of Competition according to the Act dated 16.06.2020 and numbered 7246, the Board may start the settlement procedure on the request of the parties concerned or on its own initiative taking into account the procedural benefits that may arise from a rapid resolution of the investigation process and the differences in opinion concerning the existence and scope of the infringement, and decide to conclude the investigation.

Click here for the text of the pronouncement of the decision dated 05.10.2023 and numbered 23-47/897-317, the reason for which will be notified later and which can be appealed before Ankara Administrative Courts.