Tag Archives: Turkish Competition Authority

Italian company’s delay in purchasing hazelnuts is its own choice and it cannot pass on the cost of its wrong strategy to Türkiye, says head of authority! ANKARA… Türkiye’s Competition Authority said Monday that it is imperative for the Italian company Ferrero, the maker of Nutella, which has been operating …

The economy management took action against the supply restriction with the spike in red meat prices before Eid al-Fitr. The Turkish Competition Authority started a preliminary investigation to determine whether there was a speculative price increase or supply restriction in red meat prices before the Ramadan Feast. While their control …

The Turkish competition authority opened an investigation into Ferrero and its subsidiaries, Türkiye’s top hazelnut purchaser, over findings that showed the Italian chocolate producer and confectionary giant has violated the country’s competition laws. A statement by the competition watchdog said that the preliminary investigation showed that Ferrero and its subsidiaries …