Oral defense meeting for Danone and Nestle to be held on December 19

It has been announced that the oral defense meeting for Danone and Nestle will be held on December 19

The statement read as follows:

"The investigation conducted to determine whether Danone Tikveşli Gıda ve İçecek San. ve Tic. AŞ and Nestle Türkiye Gıda Sanayi AŞ violated Article 4 of the Law No. 4054 on the Protection of Competition through the exchange of competitively sensitive information has reached the oral defense stage. The aforementioned oral defense meeting will be held on December 19, 2023, at 10:30 AM."

WHAT HAPPENED?

In a statement on the Competition Authority's website, it was announced that the Competition Board had reached a decision regarding the preliminary investigation into allegations that Nestle Türkiye Gıda Sanayi AŞ violated Article 4 of the Law No. 4054 on the Protection of Competition by determining the resale prices of its distributors and imposing regional and customer restrictions on them.

The decision stated, "The Competition Board, having discussed the information, documents, and findings obtained during the preliminary investigation at its meeting on December 15, 2022, found the evidence to be serious and sufficient, and decided to initiate an investigation into Nestle Türkiye Gıda Sanayi AŞ with the decision number 22-55/850-M."

INVESTIGATION ALSO INTO DANONE, ETI, AND HORIZON

The Board also decided to initiate an investigation into Danone Tikveşli, Eti Gıda, and Horizon Hızlı Tüketim.

According to the announcement on the Competition Authority's website, the preliminary investigation conducted to determine whether Danone Tikveşli Gıda ve İçecek San. ve Tic. AŞ, Eti Gıda San. ve Tic. AŞ, and Horizon Hızlı Tüketim AŞ violated the Law on the Protection of Competition through the exchange of competitively sensitive information has been concluded by the Board.

Having discussed the information, documents, and findings obtained in the preliminary investigation, the Board found the evidence to be serious and sufficient and decided to initiate an investigation into the aforementioned enterprises.

News Source: 12punto