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Home News Turkey launches cement investigation

Turkey launches cement investigation

by Staff Writer
April 2, 2012
in News
Reading Time: 1 min read
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Turkey’s competition authority Rekabet Kurumu has announced an investigation of three Antalya-based cement companies following a sharp rise in cement and ready mixed concrete prices. According to the authority, cement prices have gone up by 50%, while ready mixed concrete prices have risen 40% in the last two months. The names of the companies involved in the investigation have not been released.

Turkey’s competition authority Rekabet Kurumu has announced an investigation of three Antalya-based cement companies following a sharp rise in cement and ready mixed concrete prices. According to the authority, cement prices have gone up by 50%, while ready mixed concrete prices have risen 40% in the last two months.

The names of the companies involved in the investigation have not been released.

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