The Turkish Competition Board fines 485 000 € a cement company for price fixing (Lafarge)

Turkish Competition Board (Türk Rekabet Kurulu), 2 October 2006, Akcansa, Lafarge, Oyak Beton, Nuh Beton, Set beton, Decision n° 06-68/927-266 http://www.rekabet.gov.tr/pdf/06-68... Pursuant to Article 4 of the Law on the Protection of Competition n° 4054 (“Competition Law” ; See Ercüment Erdem, “Overview on Turkish Competition Law”, e-Competitions, February 2007-I, n° 13152), agreements and concerted practices of the undertakings and decisions and practices of the associations of undertakings, the object or effect or the possible impact of which is, directly or indirectly, to prevent, distort or restrict competition in a certain market for goods and services, are unlawful and prohibited. In accordance with the above-mentioned article, following a long-term investigation period related to

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Remy Fekete, Alev Bayraktar, The Turkish Competition Board fines 485 000 € a cement company for price fixing (Lafarge), 2 October 2006, e-Competitions Bulletin October 2006, Art. N° 13625

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