Investigation concerning Termopet Akaryakıt Nakliyat ve Ticaret Ltd. Şti. Initiated (8.1.2014)
The Competition Board concluded the preliminary inquiry conducted depending on the claim that Termopet Akaryakıt Nakliyat ve Ticaret Ltd. Şti. violated the Act no 4054 by means of its vertical agreements and various practices.
After discussing the information, documents and findings acquired in the preliminary inquiry in its meeting of 19.12.2013, the Board concluded that the findings were significant and sufficient, and decided to initiate an investigation on Termopet Akaryakıt Nakliyat ve Ticaret Ltd. Şti. according to article 41 of the Act No 4054.
As it is known, article 4 of the act no 4054 prohibits agreements and concerted practices between undertakings that restrict competition. The investigation was initiated in order to find whether the aforementioned undertaking violated article 4 of the Act no 4054 by means of the vertical agreements it made related to distribution and sales of oil as well as by establishing usufruct rights for more than 5 years and other practices.
*Investigation decisions taken by the Competition Board are announced to the public following the notification of the decision to the undertakings or associations of undertakings under investigation. Those announcements, which are made within the framework of informing the public about the decisions of the Competition Board, cannot be interpreted to mean that the undertakings or associations of undertakings about which the investigation is opened have violated the Act no 4054, or they are or will be subject to penal sanctions under the Act.