Investigation on Dorak Turizm ve Gayrimenkul Yatırımları Holding A.Ş. and other undertakings providing balloon rides to tourists in the Cappadocia Region Concluded on 25.03.2021 (10.10.2023)

The investigation conducted in order to determine whether Dorak Turizm ve Gayrimenkul Yatırımları Holding A.Ş. and other undertakings operating in the provision of balloon rides in the Cappadocia region violated the Act no 4054 by excluding competing undertakings from the market.

As a result of the discussion of the file by the Competition Board on 25.03.2021, it was decided that Dorak Holding and 21 other undertakings violated Article 4 of the Act no 4054 in the market for hot air balloon flight services, by participating in price fixing and market allocation before the establishment of the joint reservation and sales platform CO DMC, and/or in price fixing agreements/concerted practices after its establishment, as a result of which the undertakings were imposed administrative fines. 

Competition Board also decided that lease agreements between the undertakings allowing the functioning of the joint reservation and sales platform should be immediately terminated and the platform should cease its operations.

Click here for the text of the decision dated 25.03.2021 and numbered 21-17/208-86.