The Ministry of Commerce imposed an administrative fine of TL 152 million on 369 companies in the first 6 months.

SHAFAQNA Türkiye – Ministry of Commerce The Unfair Price Assessment Board has fined 369 companies in the first 6 months of 2023, totaling 152 million 820 thousand Turkish lira.

ACTION TAKEN AGAINST STOCKS AND ADDITIONAL PRICE INCREASES

Ministry of Commerce According to the Company, with the amendment of Law No. 6585 on the Regulation of Retail Trade in order to prevent actions that disrupt the balance of supply and demand in the market, excessive price increases and warehousing practices, and administrative sanctions are imposed on excessive price increases and warehousing practices. In this context, price tag verification is carried out by the Department of Commerce under the Consumer Protection Law No. 6502 and the provisions of the Price Tag Regulations.

AFTER THE EARTHQUAKE, THE PEOPLE WHO LIFTED THE MATERIALS ARE BURNED

In the first six months of 2023, a total of 6,673 companies and 31,129 commodities were inspected by the provincial departments of commerce, primarily market inspections under price fraud inspections in 81 provinces. In this context, in accordance with the actions and measures taken by the Unfair Price Evaluation Board in the first six months of 2023, after the earthquake in 10 provinces of Kahramanmarash on February 6, it was found that a total of 84 companies had raised the prices of electronic trading platforms exorbitantly for urgent necessary materials An administrative fine of 1 million 975 thousand 532 liras was imposed.

TL 66 MILLION FINE FOR CAR DEALERS

As a result of inspections by inspectors from our ministry and provincial departments, 13 car dealers who were found to have stock were fined a total of 66 million 879 thousand lira, including the upper limit of the fine in 2023, for 15 violations.

ADMINISTRATIVE FINE IN THE MARKETS

As a result of checks carried out through the provincial governments, for the exorbitant rise in prices of basic foodstuffs and necessities in the markets, an administrative fine of 965 thousand 945 lira in general, 74 thousand 303 lira for medium markets and 891 thousand 642 lira for two large market, for exorbitant price increases in 3 markets. In this context, as a result of inspections carried out by inspectors from the Ministry of Commerce and provincial governments, the Unfair Price Evaluation Board imposed an administrative fine of 152 million 820 thousand 477 liras on 369 companies in the first six months of 2023. .