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Retailer Teknosa ends Turkish antitrust probe with settlement

( June 16, 2025, 13:59 GMT | Official Statement) -- MLex Summary: Teknosa, a Turkish retailer of electrical appliances, has been fined more than 17 million lira (around $435,000) by the national competition authority. The company had taken part in indirect information exchange that also involved MediaMarkt and Vatan, facilitated through wholesale distributor Fakir. Teknosa benefited from a 25 percent reduction in the fine for settling the investigation, the authority said today.Statement follows. ...

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