The Competition Authority announced that it has imposed administrative fines on Arçelik, Samsung, SVS and LG. These companies were being investigated.
The first statement passed by the Competition Authority today is as follows: it happened: “Samsung Electronics Istanbul Marketing and Trade Limited Company, LG with Electronics Ticaret AS SVS The investigation carried out regarding the allegation that Durable Consumer Goods Marketing and Trade Limited Company violated Article 4 of the Law on the Protection of Competition No. 4054 by determining the resale price has been completed. As a result of the discussion of the file on 03.08.2023 by the Competition Board; By determining the resale price of Samsung Electronics Istanbul Pazarlama ve Ticaret Limited Şirketi, LG Electronics Ticaret AŞ and SVS Durable Consumer Goods Marketing and Trade Limited Company, number 4054 It was decided that they violated Article 4 of the Law on the Protection of Competition, and therefore an administrative fine was imposed on the aforementioned undertakings.“
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The details of the penalty for Samsung, SVS and LG are as follows: “According to the Report and Additional Opinion regarding the investigation carried out pursuant to the Competition Board’s decision dated 09.09.2021 and numbered 21-42/617-M, the evidence collected, the written defenses, the statements made at the oral defense meeting and the scope of the file examined. ,
a) Samsung Electronics Istanbul Pazarlama ve Ticaret Ltd. Şti. Sti., LG Electronics Ticaret AŞ and SVS Durable Tk. Mall. sun. ve Tic. Ltd. Şti.’s authorized dealers have violated Article 4 of the Law on the Protection of Competition No. 4054 by interfering with the resale price.
b) For this reason, the third paragraph of Article 16 of the Law No. 4054 and the subparagraph (b) and second paragraph of the first paragraph of Article 5 of the “Regulation on Agreements Restricting Competition, Concerted Actions and Decisions, and Fines to be Given in Case of Abuse of Dominant Position” I. and in accordance with the provisions of subparagraph (a) of the third paragraph, based on the annual gross income determined by the Board at the end of the 2021 fiscal year,
– Samsung Electronics Istanbul Marketing and Trade Ltd. to Sti. 227,161,142,04- TL, ii. and in accordance with the provisions of subparagraph (a) of the third paragraph and the first paragraph of the article 7, on the basis of the annual gross revenues determined by the Board at the end of the 2021 fiscal year,
– SVS Durable Cons. Mall. sun. ve Tic. Ltd. to Sti. 1.984.907,00-TL, iii. and over the annual gross revenues determined by the Board at the end of the 2021 fiscal year in accordance with the provisions of subparagraph (a) of the first paragraph of Article 6
– To LG Electronics Ticaret AŞ 33,870,305,21-TLWithin 60 days from the notification of the reasoned decision, it was unanimously decided to impose an administrative fine in Ankara Administrative Courts.
The second statement made by the institution today was as follows: “The investigation carried out regarding the allegation that Arçelik Pazarlama AŞ violated Article 4 of the Law No. 4054 on the Protection of Competition by determining the resale price has been completed. As a result of the discussion of the file on 03.08.2023 by the Competition Board; It was decided that Arçelik Pazarlama AŞ violated Article 4 of the Law on the Protection of Competition No. 4054 by determining the resale price, and therefore an administrative fine was imposed on the aforementioned undertaking.”
The details of the penalty for Arçelik are as follows: According to the Report and the Additional Opinion regarding the investigation conducted pursuant to the Competition Board’s decision dated 09.09.2021 and numbered 21-42/617-M, the evidence gathered, the written defenses, the statements made at the oral defense meeting and the scope of the file examined,
a) Arçelik Pazarlama AŞ violated Article 4 of the Law on the Protection of Competition No. 4054 by determining the selling price of its resellers,
b) For this reason, the third paragraph of article 16 of the Law No. 4054 and the subparagraph (b) and second paragraph of the first paragraph of article 5 of the “Regulation on Agreements Restricting Competition, Concerted Actions and Decisions, and Fines to be Given in Case of Abuse of Dominant Position” Based on the annual gross revenues determined by the Board and formed at the end of the 2021 fiscal year in accordance with the provisions of the
– To Arçelik Pazarlama AŞ 365,379,161.06-TLIt was unanimously decided to impose an administrative fine in Ankara Administrative Courts within 60 days from the notification of the reasoned decision.