Migros to Objection to the Administrative Fine of the Competition Authority

Migros, for which the Competition Authority imposed an administrative fine of 517,672,762.75 TL, made a statement on the Public Disclosure Platform. In the statement that Migros used harsh expressions, it was stated that the allegations were completely rejected and that the decision would be annulled by filing a lawsuit within the legal process.

In one of our content we shared with you in the morning hours, we have been talking about Turkey’s agenda for a while. chain market since the matter has come to an end we talked about. The Competition Authority had decided to impose an administrative fine of 2.6 billion TL on 5 big chain markets and 1 oil producer. Making a statement about the decision, Migros also paid the fine, which was cut by the Competition Authority. He declared that he did not accept and that he would seek his right by filing a lawsuit..

Public Disclosure Platform (CONTAINER), Migros made a statement on “Migros Ticaret A.Ş. always carries out its activities in accordance with the laws and regulations, depending on the principles of honesty and reliability. Our will to offer our customers the best quality products and services at the most affordable prices, which we have protected for 67 years, will continue uninterruptedly.” with the statements of the Competition Authority, it is almost as if has taken a rest.

Migros’ statement on the subject is as follows:

In our company’s PDP statement dated October 20, 2021, Competition AuthorityWithin the scope of the investigation of the chain markets engaged in the retail trade of food and cleaning products during the COVID-19 outbreak, and the pricing behavior of the manufacturers and wholesalers, which are their suppliers, our company also attended the oral defense meeting on October 27, 2021. his defense about to do announced that he would participate.

In the announcement published on the official website of the Competition Authority and the message sent to our Company in the final decisionIn summary, in the Competition Board’s decision numbered 21-53/747-360 dated 28.10.2021;

  • Yeni Mağazacılık A.Ş., BİM United Mağazalar A.Ş., CarrefourSA Carrefour Sabancı Ticaret Merkezi A.Ş., Şok Marketler Ticaret A.Ş., Savola Gıda ve Sanayi Ticaret A.Ş. and our Company’s Law No. 4054 on the Protection of Competition (“Law”) that you have violated Article 4,
  • For this reason, subparagraph (a), second paragraph and third paragraph (a) of the first paragraph of Article 5 of the Law on the third paragraph of Article 16 and the “Regulation on Anti-Competitive Agreements, Concerted Actions and Decisions, and Fines to be Given in Case of Abuse of Dominant Position”. In accordance with the provisions of sub-paragraph a) and the first paragraph of Article 7, the annual period determined by the Board and formed at the end of the 2020 fiscal year. appreciably 1.8% of their gross income to Migros Ticaret A.Ş. 517,672,762.75-TL; to impose an administrative fine,

from the notification of the reasoned decision within 60 days It was stated that the decision was made in Ankara Administrative Courts, with the possibility of judicial recourse.

The matters directed against us in the announced decision are not accepted by our Company.. In this context, following the notification of the reasoned decision to us, our legal rights will be exercised within the prescribed time. A lawsuit will be filed for the annulment of the decision..

Migros Ticaret A.Ş. conducts its activities in accordance with the principles of honesty and reliability at all times. continues in accordance with legal regulations. Our will to offer our customers the best quality products and services at the most affordable prices, which we have been protecting for 67 years. uninterrupted will continue.

Migros’ statement on KAP here available via the link.

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