Monthly Archives: January 2015

New rules on ads to prevent unfair competition

January 12, 2015

The Commercial Advertisement and Unfair Trade Practices Directive issued by the Ministry of Customs and Commerce has been published in the Official Gazette and is now implemented. The new directive, which will initiate a new era in advertising, bans immoral ads that force parents to increase their purchases. Elements that encourage children toward violent acts will now be prohibited. Further, product prices will not include phrases such as “only,” “just,” et cetera. Companies will be able to advertise by using titles, logos and other distinguishing marks of their competitors without misleading or deceiving consumers or causing unfair competition. Any information or data included in advertisements must be provable. If any ad includes the phrase “No. 1,” this also needs to be provable. Ads that include the price of the product or the service should also include all taxes, and consumers will not be misled by ambiguous phrases such as “discount up to…,” as ads will need to include the actual sales price. The broadcast ban will be applied to fortunetellers and psychics. Further, in tourism, prices of foreign holiday packages or tours will be displayed in Turkish Lira. (DAILY SABAH)

CCI to probe Great Eastern Energy for unfair business practices

January 2, 2015

NEW DELHI – The Competition Commission has ordered an investigation against Great Eastern Energy Corp for allegedly indulging in unfair business practices with respect to sale of coal bed methane gas to entities in West Bengal.

Great Eastern Energy Corporation Ltd (GEECL) is engaged in exploration, development, production, distribution and sale of CBM gas.
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Korea’s two largest movie chains fined for unfair competition

December 24, 2014

Korea’s two biggest movie chains — CGV and Lotte Cinema — have been fined a combined five million U.S. dollars for engaging in unfair practices on December 22, 2014.

These practices include giving affiliate distributors more screens to show their movies and allowing them to screen the films for longer periods of time.

The Fair Trade Commission said the moves gave CJ CGV and Lotte Cinema an unfair advantage at the box office.
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