09/25/2023 | Press release | Distributed by Public on 09/25/2023 02:33
The Competition Board concluded the preliminary inquiry conducted about the claim that undertakings operating in the cosmetics, personal care and food supplements industry with direct sale method have violated the Article 4 of the Act no 4054 by determining the resale prices of the resellers and/or restricting their online sales.
After discussing the information and documents acquired and observations made in the preliminary inquiry in its meeting on 17.08.2023, the Board considered the findings significant and sufficient and decided to open an investigation
*Investigation decisions taken by the Competition Board are announced to the public after the decision is notified to the undertakings or associations of undertakings about which an investigation has been initiated. Those announcements are made within the framework of informing the public about the decisions of the Competition Board and cannot be interpreted to mean that the undertakings or associations of undertakings under investigation violated the Act no 4054, or they are or will be subject to penal sanctions under the Act.