Competition Commission fines Trendyol
- July 11, 2023
- 0
As part of the investigation that the Competition Authority had initiated against Trendyol in 2021, the company has presented an oral defense today. After the defense In the
As part of the investigation that the Competition Authority had initiated against Trendyol in 2021, the company has presented an oral defense today. After the defense In the
As part of the investigation that the Competition Authority had initiated against Trendyol in 2021, the company has presented an oral defense today. After the defense In the Trendyol study The delegation’s decision was clear.
The Competition Council’s Investigation Board concluded that Trendyol was abusing its dominant position and providing an unfair advantage to its retail business by using competitor data. It was decided to impose a fine on Trendyol. This penalty will be processed if Trendyol does not fulfill its obligations.
As a result of the findings and evaluations made, the Delegation found that Trendyol disrupted the algorithm, gave an unfair advantage to its own activities by using the data of third-party vendors selling on the market, and that these actions interfered with the activities of its competitors more difficult.
Trendyol was informed that these situations violated Article 6 of Law No. 4054 on the Protection of Competition. Trendyol has listed several obligations to fulfill:
Trendyol risks daily administrative fines if it does not comply with these obligations in a timely and complete manner.
The following statement in Article 16 of Law No. 4054 explains the possible amount of the fine:
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Source: Web Tekno
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