The Turkish Competition Board publishes a reasoned decision on pharmaceutical industry (Pharmacists’ Association)

Introduction The Competition Board recently published a reasoned decision (December 6 2016; 16-42/699-313) following its investigation into whether the Pharmacists' Association (TEB) and the Pharmacists' Association Commercial Enterprise (TEBII) had violated Article 6 of Law 4054 on the Protection of Competition by abusing their dominant position in the market for the supply of pharmaceuticals from abroad through their exclusivity practices and other actions. Following the investigation, the board decided unanimously to impose an administrative monetary fine amounting to 1.5 % of the TEBII's Turkish turnover for the 2015 financial year (which corresponded to TRY18,062,307.32), as it concluded

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Gönenç Gürkaynak, The Turkish Competition Board publishes a reasoned decision on pharmaceutical industry (Pharmacists’ Association), 6 December 2016, e-Competitions Bulletin December 2016, Art. N° 84569

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