Migros announced that they received a penalty notice of 517.6 million TL issued by the Competition Authority and accepted to pay the penalty. According to the statement made to KAP, the debt will be paid within 30 days and a 25 percent discount will be used.
At the beginning of the issues we have been talking about for a while in Turkey chain markets is coming. According to the statements of some politicians, the main reason for the high food prices in Turkey is the chain markets serving in our country. Mistake Competition Authority started an investigation on this issue and gave 2.7 billion liras to 5 chain markets and some suppliers. cut a fine.
One of the chain stores that was fined within the scope of the Competition Authority’s investigation. Migros‘was. The fine imposed on Migros, one of the largest chain stores in Turkey, was recorded as 517,672,762.75 TL. The chain market has now made some statements on the subject. Public Disclosure Platform (KAP), Migros announced that it will pay the fine within 30 days and will benefit from a 25 percent early payment discount. However, the company will continue to fight on the issue.
Penalty of 517.6 million TL, to be paid as 388 million TL
In a statement made to the Public Disclosure Platform, Migros stated that 388,254,572.06 TL will be paid by taking advantage of the said discount. Reminding that they have the right to appeal the penalty, Migros officials said, within 60 days They also stated that they would apply to the Ankara Administrative Courts and that they would file a counterclaim for the annulment of the sentence.
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Migros’ statement to KAP is as follows:
In our PDP statement dated October 29, 2021, it was announced that the Competition Authority had decided to impose administrative fines on our Company and some other undertakings.
Competition Board on the subject The reasoned decision has been notified to our Company..
The relevant amount is 25%, without prejudice to all kinds of objections and lawsuits. by taking advantage of early payment discount 388,254,572,06 TL will be paid within 30 days.
On the other hand, in Ankara Administrative Courts within 60 days A lawsuit will be filed for the annulment of the decision.. Developments on the subject will be announced to the public within the framework of the relevant regulations.
Source :
https://tr.sputniknews.com/20220117/migros-rekabet-cezasini-indirimli-odeecek-1052803446.html