Fubotv earnings beat by $0.10, revenue topped estimates
Investing.com -- The antitrust regulator of Turkey has initiated an investigation into several companies operating in the seed market, as per a recent official statement.
The companies under investigation include Corteva (NYSE:CTVA) Turkey, KWS, Limgrain, May-Agro, Monsanto (NYSE:MON) Gida, Polen Tohumculuk, and Syngenta Tarim.
The preliminary investigation was launched in response to allegations that these companies violated Article 4 of Law No. 4054 on the Protection of Competition. The allegations suggest that the companies were involved in territory/customer sharing and exchanging competition-sensitive information.
The Competition Board, after reviewing the information, documents, and findings obtained from the preliminary investigation at a meeting on May 22, 2025, deemed the evidence serious and sufficient.
The companies named in the investigation are Corteva Turkey Tohumculuk AŞ, KWS Turkish Agriculture Trade. Inc., Limagrain Tohum Breeding and Production Industry. and Tic. Inc., May-Agro Tohumculuk San. and Tic. Inc., Monsanto Food and Agriculture Trade Inc. Ltd. Sti., Polen Tohumculuk San. and Tic. Inc., and Syngenta Tarım San. and Tic. Inc.
The investigation, identified as 25-20/478-M, aims to determine whether Article 4 of Law No. 4054 has been violated through the exchange of competition-sensitive information.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.