Turkish antimonopolists check tire manufacturers

Turkey's Antimonopoly Regulator (Rekabet Kurumu) has launched an investigation into 17 companies involved in the production and distribution of tires. Previously, it was reported that the investigation was being conducted against Brisa (a joint venture between Bridgestone and Sabanci Holding), and recently it became known that such manufacturers as Goodyear, Hankook, Michelin, Pirelli, and Prometeon, as well as a number of local trading companies, are also suspected of violating Turkish law.

According to the antimonopoly authority, a preliminary check was carried out, and as a result, it was decided to launch a full-scale investigation. The regulator will check whether the players in the tire market have violated the law on such points as creating a cartel agreement, controlling supplies to the market, and other actions to restrict competition.

The investigation is being conducted against the following companies:

Abdulkadir Ozcan Automotive Tyre Industry Trade Inc.

Abdullah Ozdogan Trade Automotive Petroleum Construction Machinery Industry Import and Export Ltd

Aydin Tyre Sales. Service. Ltd. Co.

Brisa Bridgestone Sabanci Tire Industry and Trade Inc.

Cengizler Auto Tire Marketing Construction. Tourism Transportation Textile Real Estate Import and Export Industry Trade Ltd Co.

Goodyear Tires Inc.

Gurlas Auto Tire Industry Trade Ltd. Co.

Hankook Tires Inc.

Kardeşler Transportation Rim Mot. Vehicles Service Services Trade Ltd. Co.

Michelin Tires Trading Inc.

Module Tire Automotive Trade Joint Stock Company

Automotive Tires Distribution Inc.

Ozcanlar Tire Industry and Trade Ltd. Co.

Pirelli Automobile Tires Inc.

Prometeon Turkey Industrial and Commercial Tires Inc.

Prolas Autom. Transport. Hardware Industry and Trade Ltd. Co.

Tatko Tire Industry and Trade Inc.