Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • Business
  • Automotive
  • Economy
  • Energy
  • Finance
  • Tourism
  • Tech
  • Defense
  • Transportation
  • News Analysis

Turkish watchdog fines Unilever $61M over competition abuse

by DAILY SABAH WITH AGENCIES

ISTANBUL Mar 23, 2021 - 12:30 pm GMT+3
The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE), New York, U.S., Feb. 17, 2017. (Reuters Photo)
The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE), New York, U.S., Feb. 17, 2017. (Reuters Photo)
by DAILY SABAH WITH AGENCIES Mar 23, 2021 12:30 pm

Turkey’s competition watchdog said on Monday it fined Unilever’s Turkey unit some TL 480 million ($61 million), after ruling that it abused its dominant position in the ice cream sector.

The penalty came following a probe into allegations that the company violated competition law by creating de facto exclusivity by preventing the sale of rival products at sales points through various practices.

The Competition Authority (RK) said the company prevented competition in sales areas sized 100 square meters or smaller, adding that it is obliged to allocate 30% of its fridge capacity in such businesses to products of other companies.

It runs its ice cream business in Turkey under products such as Algida, Magnum, Carte d’Or and Cornetto.

Unilever had made its first investment in Turkey in 1952, and its first factory was established in Istanbul’s Bakırköy district.

It now operates eight plants in the Aegean, the Black Sea and Marmara regions, producing multiple goods, from food and drinks to home care and personal care products.

  • shortlink copied
  • Last Update: Mar 23, 2021 2:37 pm
    KEYWORDS
    competition turkey competition authority fine unilever ice cream
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    TFMD's Press Photos of the Year 2022
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021