108.6 million TL fine from the Competition Authority to 9 companies in the cosmetics industry
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The investigation carried out by the Competition Authority against 9 cosmetic products companies was concluded by imposing administrative fines through conciliation procedure.
The Competition Authority found it appropriate to impose a total administrative fine of 108 million 566 thousand 510 liras on 9 companies in the cosmetics and personal care products sector on the grounds that they violated competition rules.
According to the statement made by the Competition Authority, the Board concluded its investigations into the cosmetics and personal care products industry with a compromise.
In this context, Ayaz and Partners Ltd. Ltd. It was decided that the investigation into the allegation that he participated in the “collect and distribute cartel” would be concluded with a compromise and an administrative fine of 1 million 83 thousand 338 liras would be imposed on the enterprise.
It was decided to impose an administrative fine of 184 thousand 676 liras on SB Grup Kozmetik AŞ for the same reason.
It was deemed appropriate to end the investigation against Rebul JCR Kozmetik Pazarlama AŞ, regarding the allegation that it determined the sales prices of its resellers, with a compromise and to impose an administrative fine of 5 million 357 thousand 951 liras on the enterprise.
Sellers determine resale prices and Internet The investigation into the allegations that the company restricted online sales was concluded with a commitment in terms of behavior aimed at restricting internet sales, and a compromise in terms of the claim of determining the resale prices of resellers.
PENALTIES RECEIVED BY COMPANIES
In this context, 1 million 217 thousand 437 lira to Easyvit Sağlık Ürünleri Sanayi AŞ, ELCA Kozmetik Ltd. 7 million 909 thousand 454 lira to Farmatek İç ve Dış Tic. 2 million 716 thousand 257 liras to Glohe Herbal Products Inc. and Tic. 925 thousand 806 liras to AŞ, Sistem Kozmetik San. and Tic. Ltd. It was decided to impose an administrative fine of 1 million 784 thousand 584 liras on Şti.
Company L’Oreal Türkiye Kozmetik San. and Tic. A fine of 87 million 387 thousand liras was imposed on AŞ.
Thus, a total of 108 million 566 thousand 510 lira administrative fines were imposed in the investigation against 9 companies in the sector. (AA)
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