Turkey Fines 15 Car Cos. $180M For Price-Fixing
The Turkish Competition Authority levied its largest fine of 68.8 million lira against Ford Otomotiv San AS, a joint venture between U.S.-based Ford Motor Co. and Turkey's Koc Holding AS.
The regulator also slapped a 47.8 million lira against TOFAS Turkish Automotive Factory Inc., a joint venture between Koc and Italian automaker Fiat SpA. Distributors...
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