TURKEY: Diageo's Mey Icki faces competition probe

By | 19 February 2013

Mey Icki is facing scrutiny from Turkeys competition authorities

Mey Icki is facing scrutiny from Turkey's competition authorities

Turkey's competition authorities have launched an investigation into Diageo-owned spirit group Mey Icki.

The country's Competition Board said yesterday (18 February) that the “preliminary” probe is based on complaints that Mey Icki allegedly prevented sales of competitors' products in stores and abused its “dominant” market position. A Diageo spokesperson declined to comment on the investigation after being contacted by just-drinks. 

Mey Icki has defended itself in a press statement, reported by local media. The subsidiary said that the investigation does not mean the company broke competition rules, and that previous probes had been carried out based on rival companies' claims, Hurriyet Daily News reported. The company said it would work with the Competition Board during the investigation, it was reported.

Diageo acquired Mey Icki in August 2011 for US$2.1bn.

Expert analysis

The Future of the Spirits Market in Turkey, to 2016

The Future of the Spirits Market in Turkey, to 2016 is the result of Canadean’s extensive market research covering the Spirits market in Turkey.

Sectors: Spirits

Companies: Diageo

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