Turkish Competition Board initiates an investigation on 6 undertakings operating in cosmetic and personal care products sectors

Following a preliminary inquiry based on allegations of resale price maintenance and limitation of internet sales contrary to Article 4 of the Turkish Competition Act prohibiting anti-competitive agreements, the Turkish Competition Board initiated an investigation on Avon Kozmetik Ürünleri Sanayi ve Ticaret AŞ, Farmasi Enternasyonel Ticaret AŞ, Kosan Kozmetik Pazarlama ve Tic. AŞ, NAOS İstanbul Kozmetik San ve Tic. Ltd. Şti., Pierre Fabre Dermo Kozmetik Ltd. Şti. and Yöntem Profesyonel Kozmetik Ürünleri San. ve Tic. Ltd. Şti. operating in the cosmetic and personal care products markets. The press release dated 10.11.2022 about the investigation, initiated by the decision of the Turkish Competition Board, dated 20.10.2022, is available via https://www.rekabet.gov.tr/tr/Guncel/avon-kozmetik-urunleri-sanayi-ve-ticaret-65b6a885c060ed11a22e00505685ee05