The Turkish Competition Authority publishes a reasoned decision on the 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

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Auteur

  • ELIG Gürkaynak Attorneys-at-Law (Istanbul)

Citation

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

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