Major investigation in the hazelnut sector! The number of companies under examination has risen to 7

Turkey’s Competition Authority has opened an investigation into seven hazelnut companies, including Ferrero, over suspected coordinated pricing that may have violated competition rules. Regulators are examining the companies’ hazelnut purchasing policies and whether Ferrero adhered to earlier commitments on prices and purchase volumes. The probe matters because Turkey is a dominant global hazelnut supplier and Ferrero is among the sector’s largest buyers, so findings could affect pricing and sourcing across the market. Next, watch the authority’s evidence gathering and any formal defense submissions from the seven firms, plus whether the case expands or leads to fines and new purchasing commitments.