Excessive Price Increase within the Scope of Unfair Commercial Practices

    Recent events such as pandemics, wars, natural disasters, social uprisings, civil wars and mass migration have led to the emergence of uncertainties about the future and an environment of mistrust in free markets. This environment of uncertainty and mistrust in markets generally has a negative impact on the price policies implemented in goods/services markets. However, enterprises that are in a dominant position in the relevant goods/services market may abuse their dominant position and increase the prices of goods/services without a proper justification in order to avoid being affected by uncertainty and even to increase their profits. This approach of enterprises and the existing environment of uncertainty and mistrust lead to exorbitant price formations in the markets. All units that operate in the market (intermediate wholesalers, retailers, consumers, etc.) are adversely affected by this exorbitant price environment.

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