Ankara, 23 June 2025 — Turkey’s Competition Board has concluded its investigation into Fakir Elektrikli Ev Aletleri Dış Ticaret AŞ (Fakir) for alleged anti-competitive practices involving resale price maintenance, online sales restrictions, and facilitating information exchange among major electronics retailers.
The probe, launched in February 2025, focused on Fakir’s role in:
- Intervening in the sale prices set by resellers,
- Restricting where and how resellers could sell products online,
- Facilitating indirect information exchanges between retailers Teknosa, Vatan Bilgisayar, and Media Markt Turkey.
As part of a settlement and commitments procedure, Fakir agreed to revise contracts with resellers, explicitly removing any restrictions on online or physical sales channels and ensuring resellers’ freedom in setting sales terms. Fakir also committed to informing all resellers about these changes within 90 days.
The Board accepted Fakir’s commitments as sufficient to resolve concerns over online sales restrictions.
Regarding the resale price maintenance and cartel-like practices, the Board ruled Fakir violated Article 4 of the Competition Act. Due to the settlement procedure, a 25% reduction was applied to the administrative fine, resulting in a final fine of 26,028,114.76 Turkish Lira (approximately $1.3 million USD based on current exchange rates), calculated based on Fakir’s 2023 gross revenues.
This decision marks the latest in Turkey’s ongoing efforts to enforce competition law in key retail and distribution markets.
