The Competition Authority has completed its investigation into many companies operating in the field of automotive tire production and distribution. As a result of the investigations, it was decided to impose administrative fines totaling 3 billion 633 million liras on the companies operating in the department.

In the decision taken by the Authority, companies’ displaying compatible behavior regarding prices, imposing anti-competitive practices on dealers, and committing competition violations regarding the labor market were among the sanctions. As a result of the investigation, the highest fine was 1 billion 19 million liras. brisaIt was given to .

The highest penalty was given to Brisa

Brisa with a fine of 672 million lira Goodyearfollowed. The fines imposed on other companies were determined as 397 million lira for Continental, 397 million lira for Petlas, 361 million lira for Hankook, 292 million lira for Pirelli, 206 million lira for Prometeon and 185 million lira for Michelin.

During the investigation, the companies’ sales price setting practices for dealers, as well as regional and customer restrictions, were evaluated in detail. In addition, concerted actions regarding price movements among rival companies, sharing of competitively sensitive information in the labor market and practices of not seducing employees were also included in the scope of examination.

New rules were introduced to the sector

The Competition Authority also announced some new obligations to be implemented in the department within the scope of the decision. Accordingly, price lists to be sent to dealers will be prepared with watermarks and announcements cannot be shared collectively.

Dealers will be able to access the systems only through their own user accounts. Companies will need to document that they have implemented the said regulations within three months. What do you think about this development?