Home Turkish Competition Authority Fines Tire Giants 3.6 Billion Lira for Violations

Turkish Competition Authority Fines Tire Giants 3.6 Billion Lira for Violations

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Turkish Competition Authority Imposes Billions in Fines on Tire Industry

Ankara, June 16, 2026 – The Turkish Competition Authority has levied a total fine of 3.633 billion 935 thousand 171 Turkish Lira on automotive tire manufacturers and distributors. The penalties were imposed for various competition violations, including price fixing, anti-competitive restrictions on dealers, and practices related to the labor market.

The announcement was made via the Competition Authority’s social media account, detailing the significant financial penalties. This move underscores the authority’s commitment to ensuring fair competition within the Turkish market, particularly in critical sectors like automotive supplies.

Breakdown of Fines Among Leading Companies

The largest fine, amounting to 1.019 billion Lira, was imposed on Brisa. Goodyear followed with a penalty of 672 million Lira, while Continental and the domestic tire brand Petlas each received fines of approximately 397 million Lira. Hankook was fined 361 million Lira, Pirelli 292 million Lira, Prometeon 206 million Lira, and Michelin 185 million Lira.

These substantial fines highlight the severity of the violations identified by the Competition Authority. The investigation focused on practices that distorted market competition, ultimately affecting consumers and other businesses in the supply chain.

Nature of the Violations

According to the Competition Authority, the companies engaged in ‘harmonized actions’ regarding prices. This typically refers to agreements or coordinated practices among competitors that aim to fix prices, restrict output, or divide markets, thereby reducing competition. Such actions can lead to higher prices for consumers and limit choices.

Furthermore, the investigation revealed that the tire manufacturers and distributors imposed ‘anti-competitive restrictions’ on their dealers. These restrictions could include exclusive dealing agreements, resale price maintenance, or other clauses that limit the ability of dealers to operate independently or offer competitive prices.

Violations related to labor market practices were also cited as a reason for the fines. While the specific nature of these violations was not detailed in the initial announcement, they typically involve agreements among employers to restrict employee mobility, fix wages, or engage in other practices that undermine fair competition in the labor market.

Impact on the Automotive Sector

The automotive tire industry is a crucial component of the broader automotive sector, which is a significant part of the Turkish economy. The Competition Authority’s decision sends a strong message to all market players about the importance of adhering to competition laws.

These fines are expected to have a notable impact on the financial statements of the penalized companies. They also serve as a deterrent for other businesses that might consider engaging in similar anti-competitive behaviors.

Broader Implications for Market Regulation

This action by the Turkish Competition Authority is part of a broader global trend where regulatory bodies are increasingly scrutinizing the practices of large corporations to ensure fair competition and protect consumer interests. The transparency of the announcement, detailing the specific companies and the amounts of their fines, reinforces the authority’s commitment to accountability.

The Competition Authority continues to monitor various sectors of the economy for potential violations, aiming to foster a healthy and competitive business environment in Turkey. The outcome of this case is likely to be discussed and analyzed by legal and economic experts, as well as by businesses operating in similar markets.

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