[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Material Event Disclosure General
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Update Notification Flag
Hayır (No)
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Hayır (No)
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Date Of The Previous Notification About The Same Subject
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Hayır (No)
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Announcement Content
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Explanations
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According to the announcement published on Competition Authority's official website and the final decision notification declared to our Company;

The Competition Authority resolved that some suppliers and five retailers including our Company violated Article 4 of the Law on the Protection of Competition No. 4054 ("the Law") and that monetary fine is required to be imposed on the relevant parties. However, considering the monetary fine that was imposed on these five retailers including our Company within the same scope as per the Competition Authority's decision dated 28.10.2021, the Competition Authority resolved not to impose a new monetary fine in the scope of this investigation.

Although the Competition Authority did not impose on our Company a new monetary fine, our Company will file an annulment case at the court within the legal term, against the ruling that our Company violated the Article 4 of the Law.

Migros Ticaret A.Ş. always operates in line with its principles of honesty and trustworthiness and fully compliant with all legislations. We maintain our continuing dedication for 68 years to offer the best quality products and services at the affordable prices to our customers without interruption.


( In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.)