Verbal Defense Will Be Taken From Chain Markets

A statement came from the Competition Authority regarding the investigation launched into chain markets due to exorbitant prices. The institution announced that an oral defense would be taken on October 27.
 Verbal Defense Will Be Taken From Chain Markets
READING NOW Verbal Defense Will Be Taken From Chain Markets

A statement came from the Competition Authority on October 27 that a verbal defense will be taken in the investigation opened to examine the price behavior in chain markets during the COVID-19 outbreak.

President Recep Tayyip Erdoğan had previously spoken on the subject as “The market is turning upside down with the product collected by these five chain markets”.

Those who want to attend the meeting as a listener can follow the meeting online:

The Competition Authority announced that it has reached the point of verbal defense in the investigation launched into the exorbitant prices of chain markets during the COVID-19 pandemic.

Competition Authority; “In accordance with the Competition Board’s decision dated 07.05.2020 and numbered 20-23/298-M, during the COVID-19 epidemic, the pricing of chain markets dealing with retail food and cleaning products and undertakings at the level of manufacturers and wholesalers, which are their suppliers, The oral defense phase has been reached in the investigation opened to examine his behavior.The oral defense meeting in question will be held on October 27, 2021 at 10.30 am.

Complainants and third parties who want to attend the meeting to take the floor should apply to the Competition Authority by the end of the working hours on October 20, 2021, with a petition containing information and documents revealing the interest relations related to the meeting subject, in accordance with the “Communiqué on Oral Defense Meetings Held Before the Competition Board”. ‘ he stated.

The Board also stated that those who want to attend the oral defense meeting as a listener can follow the meeting online after filling out the participation form until the meeting time in accordance with the directions on the website.

Statements by President Erdogan:

Speaking to the press at the Türkevi, which was opened in New York last week, President Erdoğan said, “In this regard, especially these chain markets have unlimited applications. In the face of these unlimited practices, we, as the Ministry of Commerce, will go against them.”

Asked whether chain stores are responsible for the problem, Erdoğan said, “Business is mainly concentrated there. In the place from the whole producer to the consumer, chain markets collect the intense products here… This is five chain markets. These round up all that product. The markets are turning upside down with the product collected by these five chain stores. If they act more fairly at this point, both the citizens will be able to buy products at affordable prices and the producer will have the chance to receive their earnings and money on time as of now.

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