The Competition Authority has announced that it has launched an investigation into Erikli Su and Pınar Su over allegations of collusive price-fixing. The announcement on the institution's official website stated that the findings of a preliminary investigation into whether manufacturers/suppliers operating in the bottled water sector violated Article 4 of Law No. 4054 by collectively determining product prices were discussed at the Board's meeting on September 21, 2023. It was reported that the Board decided to initiate an investigation into Erikli Su ve Meşrubat Sanayi ve Ticaret AŞ and Pınar Su ve İçecek Sanayi ve Ticaret AŞ to determine whether they violated Article 4 of Law No. 4054 through the exchange of information.
Whether the two companies will face penalties will be determined as a result of the investigation.
News Source: 12punto
