12/11/2024 | Press release | Distributed by Public on 12/11/2024 06:05
With the Competition Board (Board) decision dated 07.03.2024 and numbered 24-12/230-M, a preliminary inquiry was launched in response to the allegations that undertakings in the automotive sector operating in the production and distribution of tires engaged in exchange of competitively sensitive information among competitors, signed agreements restricting competition between rivals, maintained resale prices of their dealers, allocated regions and customers between dealers, signed exclusivity agreements with dealers, and imposed non-compete obligations on dealers, in order to determine if the Act no 4054 on the Protection of Competition was violated.
Within the framework of the information and documents collected and the examinations conducted during the preliminary inquiry process, suspicions of restriction of competition has been found significant and sufficient, and, with the Board decision dated 21.11.2024, numbered 24-49/1091-M, it was decided that an investigation should be launched under Article 41 of the Act no 4054 on
operating in the automotive tires sector as producers and distributors/dealers, to determine if they violated Article 4 of the Act no 4054.