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

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 the cement sector, the Competition Board has taken a decision on 2 October 2006. It has been determined that the joint-stock companies Akçansa, Lafarge and Oyak Beton, all active in

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Auteurs

  • Jones Day (Paris)
  • Gide Loyrette Nouel (Istanbul)

Citation

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

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