Brief: Migros Says Competition Authority Imposes Migros Fine Of 517.7 Mln Lira For Violating Competition Law; Migros Will Appeal

Migros Ticaret AS

29/10/2021 09:41

Oct 29 (Reuters) - MIGROS TICARET AS  MGROS.IS :
    * MIGROS SAYS COMPETITION AUTHORITY IMPOSES MIGROS MONETARY
FINE
AMOUNTING TO 517.7 MILLION LIRA FOR VIOLATING COMPETITION LAW
    * MIGROS SAYS THE DECISION MAY BE CHALLENGED BEFORE ANKARA
ADMINISTRATIVE COURTS WITHIN 60 DAYS FOLLOWING THE OFFICIAL
NOTICE OF REASONED DECISION
    * MIGROS SAYS DOES NOT ACCEPT ASPECTS AGAINST ITS COMPANY
STATED
IN COMPETITION AUTHORITY'S DECISION AND WILL FILE ANNULMENT
ACTION FOLLOWING OFFICIAL NOTICE OF REASONED DECISION

Source text for Eikon:  ID:nIKA15BKGp 
Further company coverage:  MGROS.IS 

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