Teknosa fined 17 million lira for competition violation
Teknosa has been fined 17 million lira by the Competition Board on the grounds that it violated competition rules.
The Competition Board has determined that certain technology retailers, including Teknosa, violated the law by engaging in anti-competitive information sharing through Fakir Elektrikli Ev Aletleri. It was determined that this violation involved indirect information exchange in the nature of a "hub-and-spoke" cartel.
Teknosa chose to accept this violation and pursue a settlement. As a result of the settlement process, a 25 percent discount was applied to the fine determined by the Competition Board, and Teknosa was fined approximately 17 million lira. With this decision, the investigation into Teknosa has been concluded.
News Source: 12punto
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