The Competition Authority initiated an investigation into Kalekim

kalekim

The Competition Authority has opened an investigation into whether there has been a violation of the Law on the Protection of Competition by companies operating in the construction chemicals sector.

Kalekim, operating in the construction chemicals sector, will provide testimony in the ongoing investigation.

Kalekim, on the Public Disclosure Platform, stated the following regarding the matter:

“The Competition Authority has decided to initiate an investigation into certain companies in the sector, including Kalekim Lyksor Kimya San. A.Ş., in which we hold a 75% stake, to determine whether they have violated Article 4 of Law No. 4054 on the Protection of Competition. The company has been requested to provide a defense.

The initiation of an investigation by the Competition Authority should not be interpreted as an indication that the companies under investigation, including our company, have violated Law No. 4054 or that they will face or have faced penalties under the law. Any developments regarding this matter will be fully and promptly disclosed to the public.”

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