Competition investigation launched into Haribo
The practices of market leader Haribo in the soft candy segment have been placed under review by the Turkish Competition Authority. The company will be investigated for potential exclusionary behavior against its competitors.
The Turkish Competition Authority has announced that an investigation has been launched into Haribo, which holds a significant market share in the snack products sector, over suspicions of anti-competitive practices.
According to the notification published on the authority's website, Haribo's activities in the soft candy market have begun to be examined in detail. It was stated that the preliminary assessment conducted regarding the company revealed significant findings concerning practices that could potentially hinder the activities of competitors in the market.
It was noted that Haribo's high market share in the sector increases the impact of the suspected practices. The Competition Board announced that, in light of the information gathered, a comprehensive investigation will be conducted to determine whether the firm has violated competition legislation.
All information and allegations obtained during the investigation process will be analyzed in detail. Ultimately, it will be determined whether Haribo's market behavior has disrupted the healthy functioning of competition.
News Source: 12punto
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