Turkey Slams Tyre Giants with Multi-Billion Lira Fines for Antitrust Breaches
7 Articles
7 Articles
Turkey Slams Tyre Giants with Multi-Billion Lira Fines for Antitrust Breaches
Turkey's competition authority has imposed fines totaling 3.633 billion lira on tire producers and distributors for price coordination, dealer restrictions, and labor market violations. Brisa faced the highest penalty, followed by Goodyear and Continental. The infractions included coordinated pricing strategies and the improper exchange of sensitive labor information.
The Turkish competition authority has issued fines totaling nearly 70 million euros to major tire manufacturers. The fines are being imposed for, among other things, price fixing, anti-competitive measures against dealers, and the exchange of sensitive information regarding the labor market.
The Competition Board has imposed a fine of 3 billion 633 million 935 thousand 171 Turkish lira on automotive tire manufacturers and distributors.
Turkish Competition Authority Fines Tire Manufacturers TRY 3.6 Billion for Antitrust Violations
ANKARA, Türkiye — June 16, 2026 Türkiye’s Competition Authority has imposed a total of TRY 3.633 billion ($approximately 92 million) in administrative fines on leading automotive tire manufacturers and distributors following a comprehensive antitrust investigation into the sector. The regulator found evidence of coordinated pricing practices, anti-competitive restrictions on dealers, and conduct that limited competition in the labor market. The …
The Competition Board imposed administrative fines totaling 3 billion 633 million 935 thousand 171 Turkish Lira on numerous companies operating in the automotive tire manufacturing and distribution market for engaging in anti-competitive practices.
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
