Investigation about Erikli Su ve Meşrubat Sanayi ve Ticaret AŞ and Pınar Su ve İçecek Sanayi ve Ticaret AŞ Opened

Summary:

On September 21, 2023, the Competition Board held a meeting to discuss preliminary findings related to an inquiry into bottled water producers/suppliers' potential violation of Article 4 of the Act no 4054 (Article 4 prohibits price-fixing agreements). The Board decided to open an investigation against Erikli Su ve Meu00c5u0178rubat Sanayi ve Ticaret Au015e and Pu00c4u00b1nar Su ve u00c4u00b0u00c3u00a7ecek Sanayi ve Ticaret Au015e, two companies suspected of exchanging information to determine product prices in violation of the Act. This decision was announced publicly to inform the public about the Competition Board's actions, without implying that the companies have or will face penal sanctions.