The Investigation Conducted on EssilorLuxottica S.A. Concluded

Summary:

The Competition Board of Turkey concluded an investigation into EssilorLuxottica S.A.'s alleged violation of Article 4 and 6 of the Act no 4054 on the Protection of Competition. The investigation found that EssilorLuxottica S.A. acted in violation of its commitments made in 2018, engaging in exclusionary practices that created de facto exclusivity in the optics market. The undertaking was ordered to be imposed administrative fines for violating Article 6 of the Act. However, due to previous fines imposed for the same violation, the Board ruled that it would not impose additional administrative fines, citing the principle of "ne bis in idem"".