Türkiye Fines Canon $1.1M for Interfering with Resellers.

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Date: Friday June 28, 2024 05:07:17 pm
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    Türkiye Fines Canon $1.1M for Interfering with Resellers.
    The Turkish Competition Board has fined the Turkish distributor of Japanese camera manufacturer Canon $1.1 million for interfering with independent reseller pricing.

    Canon Eurasia was charged with violating Article 4 of Act No. 4054 on Competition Protection.
    The investigation revealed that Canon Eurasia’s regional office interfered with the independent prices of Turkish Canon resellers on Canon-made products, including cameras and lenses.
    The board ruled in favor of the fine, resulting in an administrative penalty of approximately 38.3 million Turkish lira equaling $1.1 million.
    Canon Eurasia'nın Türkiye'deki İletişim Ajansı mbsays Oldu

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