The investigation into Sony Eurasia Pazarlama A.Ş. whether the undertaking in question violated Article 4 of Law No: 4054 ("the Law") by determining resale prices of the products sold by its dealers was finalized. In light of the evidence and collected documents, the Board's decision numbered 18-44/702-345 and dated 22.11.2018 held that:
- -By the Board's majority of votes, it was decided that in relation to online sales, Sony Eurasia Pazarlama A.Ş. violated Article 4 of the Law,
- -Hence, Sony Eurasia Pazarlama A.Ş. shall be penalized of an administrative monetary fine of 2.346.618,62 TL pursuant to the third paragraph of Article 16 of the Law and Article 5(1)(b), 5(2)(a) and 5(3)(a) of the Regulation on Fines to Apply in cases of Agreements, Concerted Practices and Decisions Limiting Competition, and Abuse of Dominant Position, on the basis of the annual gross income accrued at the end of the financial year 2017 and determined by the Board.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.