Competition Law | Articles
The Turkish Competition Authority Initiates its First Pandemic Related Investigation Against 29 Undertakings
The Turkish Competition Authority (“TCA”) on March 23, 2020 gave its heads up to undertakings that it was “closely following the price increases”, which it referred to as “opportunistic” during the pandemic. As such, the TCA warned in its announcement that it will impose the highest fines allowed by the Turkish Competition Law on all the undertakings, if they engage in anticompetitive practices during the COVID-19 pandemic.
