Türk Philips, others face antitrust probe over possible restrictions of online sales
( February 8, 2021, 12:20 GMT | Official Statement) -- MLex Summary: Türk Philips Ticaret, a maker of electric-lamp bulbs and parts, is now under investigation by the Turkish antitrust regulator over whether it restricted online sales of authorized dealers and set resale prices. Melisa Elektrikli ve Elektronik, Dünya Dış Ticaret and other businesses are also under investigation. The probe follows a complaint brought against Türk Philips Ticaret. Following the conclusion of the authority's preliminary assessment of the issue, the office said it considered the findings “serious and sufficient” to start a formal probe into the matter.Statement follows. Investigation launched on Türk Philips Ticaret A.Ş., Dünya Dış Ticaret Ltd. Şti., Melisa Elektrikli ve Elektronik Ev Eşyaları Bilg. Don. İnş. San. Tic. A.Ş., Nit-Set Ev Aletleri Paz. San. ve Tic. Ltd. Şti. ve GİPA Dayanıklı Tüketim Mamülleri Tic. A.Ş. (1.2.2021) The preliminary inquiry conducted upon the application related to the claim that Türk Philips Ticaret A.Ş. violated Article 4 of the Act no 4054 by restricting online sales of its authorized dealers and determining the resale prices was concluded by the Competition Board. The Competition Board discussed the information and documents collected and observations made in the preliminary inquiry in its meeting dated 07.01.2021, found the findings serious and sufficient and took the decision numbered 21-01/9 -M to launch an investigation on Türk Philips Ticaret A.Ş., Dünya Dış Ticaret Ltd. Şti., Melisa Elektrikli ve Elektronik Ev Eşyaları Bilg. Don. İnş. San. Tic. A.Ş., Nit-Set Ev Aletleri Paz. San. ve Tic. Ltd. Şti. and GİPA Dayanıklı Tüketim Mamülleri Tic. A.Ş.to determine whether they violated Article 4 of the Act no 4054....
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