The Turkish Competition Authority closes a pre-investigation on possible collusion on the construction sector and fines one undertaking for hindering on-the-spot inspection (Nuhoğlu)

Erdem, Ercüment

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21 Dec 2017

The Turkish Competition Authority closes a pre-investigation on possible collusion on the construction sector and fines one undertaking for hindering on-the-spot inspection (Nuhoğlu)

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Reference

Turkish Competition Authority, Nuhoğlu, N° 17-42:669-297, 21 December 2017

The Competition Board (“Board”), in its decision dated 21.12.2017 and numbered 17-42/669-297 (“Decision”), has imposed an administrative monetary fine on Nuhoğlu İnşaat Sanayi ve Ticaret A.Ş. (“Nuhoğlu”) for hindering on-the-spot inspections in accordance with Art. 16 (1) (d) of Act No. 4054 on the Protection of Competition (“Competition Act”). The interesting fact in this case is that eventually the Board decided not to initiate a full-fledged investigation against the investigated undertakings and, therefore, they have not imposed any

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Ercüment Erdem
Erdem & Erdem (Istanbul)

Turkey 67 contributions 75472 visits

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Ercüment Erdem, The Turkish Competition Authority closes a pre-investigation on possible collusion on the construction sector and fines one undertaking for hindering on-the-spot inspection (Nuhoğlu), 21 December 2017, e-Competitions December 2017, Art. N° 87342

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