Ferrero's Hazelnut Purchase Commitment to be Discussed at the Competition Authority

Important Warning from the Competition Authority to Ferrero

The Chairman of the Competition Authority, Birol Küle, announced in an interview with Bloomberg that they will evaluate the request of Ferrero to revise its procurement commitments for hazelnuts. The significant authority, Competition Authority, will address this situation on Thursday.

Risk of Fines Based on Ferrero's Revenue

Küle stated that if Ferrero fails to fulfill its commitments for hazelnut purchases during the high season, it may face a fine based on the revenue figures from the previous year.

No Comment from Ferrero

Ferrero has decided not to make any statements regarding the issue. Additionally, it is worth noting that the previous investigation had been suspended following the commitments made for the year 2024.