Turkey’s Competition Authority imposed a 480 million lira (US$60.5 million) fine on the local division of multinational consumer goods giant Unilever over abuse of dominant position in the ice cream sector, Turkish media reported.
The antitrust body completed an investigation into allegations that Unilever violated Turkey’s competition law by creating de facto exclusivity by preventing the sale of rival products at sales points through various practices, Anadolu Agency reported on Monday, March 22.
According to the antitrust body, Unilever’s local arm hindered competition in sales areas of 100 square meters or smaller by trying to dictate the fridge capacity given to products of rival companies.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
YouTube CEO Argues Google’s Innovation, Not Monopoly, Drove Ad Tech Success
Sep 16, 2024 by
CPI
Samsung, Xiaomi Among Smartphone Brands Allegedly Involved in eCommerce Collusion In India
Sep 16, 2024 by
CPI
Appeals Court Sides with Exxon, Chevron in Price-Fixing Lawsuit
Sep 16, 2024 by
CPI
Nvidia Faces Antitrust Lawsuit in Strategic Filing Move by Xockets Inc.
Sep 16, 2024 by
CPI
UK Competition Regulator to Reform Pay System Amid Bias Allegations
Sep 16, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
Francisco Javier Núñez Melgoza
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
Julio Garcia
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
Alejandra Palacios Prieto
The Cost of Making COFECE Disappear
Sep 3, 2024 by
Mateo Fernández