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Construction chemicals sector faces broad Turkish cartel probe

( December 20, 2023, 10:02 GMT | Official Statement) -- MLex Summary: BASF's Turkish arm, 14 other companies, the Association of Cement and Mortar Admixture Chemical Additives Producers and the Building Materials Manufacturers' Federation are under investigation by the Turkish Competition Authority to determine if they breached antitrust rules. The watchdog said it would shed light on whether they entered into practices such as pricing agreements, information exchange, bid-rigging, no-poaching agreements, resale price maintenance, or online sales bans.Statement follows. ...

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