The investigation to determine whether Hayırlı El Kozmetik Pazarlama A.Ş. determined the resale prices of the products sold by its products’ resellers and violated the Act no 4054 on the Protection of Competition.

It has been decided that the investigation initiated per the Competition Board decision dated 24.03.2022 and numbered 22-14/235-M will be terminated following the acceptance of the settlement text submitted by the party with Competition Board decision dated 21.07.2022 and no 22-33/523-210.

As known, the settlement procedure 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. Within the scope of the settlement procedure, 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 21.07.2022 and numbered 22-33/523-210, the reason for which will be notified later and which can be appealed before Ankara Administrative Courts.