Turkish competition watchdog launches probe into 19 pharma companies
The logo and flags of Bayer AG are pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany, Aug. 9, 2019. (Reuters Photo)


Türkiye’s competition watchdog Thursday announced it had launched an investigation into 19 pharmaceutical companies to determine whether they had violated competition law.

In a statement, the Competition Authority (RK) said it had decided on Nov. 9 to launch the probe into companies including AstraZeneca, Bayer, GlaxoSmithKline, Johnson & Johnson, Bausch & Lomb, Sanofi and Pfizer. It provided no further details.

Asked about the matter, AstraZeneca said it does not comment on ongoing investigations as a matter of policy, Reuters reported.

GlaxoSmithKline, Sanofi and Germany's Merck KGaA all said they were fully cooperating with competition authorities in Türkiye, but did not elaborate further.

In a statement, BASF said it was assessing the matter and was committed to high standards of legal compliance and business ethics.

AbbVie, Abdi Ibrahim, Bausch & Lomb, Bayer, Ilko, Johnson & Johnson, Liba, Menarini, Michael Page International, Panasonic, Pfizer, SIFI and World Medicine could not immediately be reached for comment.