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Turkish competition board fines Frito Lay Gida 1.3 bln lira for preventing competitors

ReutersFeb 15, 2025 12:30 PM

- Turkey's competition board said on Saturday it had fined Frito Lay Gida 1.3 billion lira ($35.90 million) over violation of the country's competition law.

In a statement, the competition board said that Frito Lay Gida violated the competition law by preventing its competitors' sales in small shops, markets and kiosks.

The board also ruled that 30% of Frito Lay Gida stands will be reserved for competitor products in sales points smaller than 200 square-metres.

($1 = 36.2100 liras)

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